Trade finance is losing billions through inefficient manual workflows and lack of transparency. Learn how blockchain drives digitization to save on expenses.
The Internet of Things is transforming supply chain management, operations, and even traditional products in many industries. However, IoT solutions can be not only part of a success story but also part of a tremendous fail and risk.
Trusted networks can be used to diminish natural monopolies in supply chains. The result? Sped up transactions and streamlined processes—not just in finance.
There's a lot to like about blockchain in any business network. There's increased speed, reduced errors, privacy, transparency, and a scalable ecosystem. IBM explains it all and how it could work in trade finance / international trade.
