As Contour, the last-standing global trade finance project built on DLT moves to its next stage, we should be honest about what this speed bump means for trade, trade finance, and blockchain.
In a collaborative effort with BNY Mellon, Deutsche Bank, and four electronic Bills of Lading (eBL) platforms, Swift has successfully trialled an interoperability solution.
Global trade has shown remarkable robustness in the past few years, even under progressively difficult operational circumstances. While there’s a gradual downturn underway, there are still promising factors.
British investment managers have received approval to develop tokenised funds, a process where assets are divided into smaller tokens supported by blockchain technology, as stated by the industry’s trade body… read more →
Europe remains one of the most important continents for African trade, but recent years have seen a decline relative to other regions, with a notable uptick in flows from China and MEA regions.
According to Ravi Menon, the Monetary Authority of Singapore’s (MAS) managing director, Singapore is set to trial the live issue and utilisation of wholesale central bank digital currencies (CBDCs) in… read more →
The ISO 20022 format is a set of data and messaging that is integrated into an instant payment or any other cross-border transaction.
Today, the International Trade and Forfaiting Association (ITFA) has released an addendum to its Digital Negotiable Instruments (DNI) Handbook. This update follows the enactment of the UK Electronic Trade Documents… read more →
The Biden administration has temporarily paused discussions on crucial aspects of the digital trade segment within its Indo-Pacific Economic Framework (IPEF) initiative, as stated by Democratic legislators on Tuesday. This… read more →
Today, the ICC DSI released their 2023 Key Trade Documents and Data Elements (KTDDE) report. The report outlines 14 key trade documents, going into depth on the definitions, purpose, and legal frameworks.
