PYMNTS

JULY 5, 2018

It seems that blockchain may never leave the lab and enter the real world. And, indeed, this week’s Blockchain Tracker continues its coverage of ongoing tests and trails of blockchain solutions. “Traditional KYC processes are complex and often duplicative,” said R3 in its announcement, according to CoinDesk.

Blockchain 47

Blockchain Distributed Ledger Technology (DLT) Cross-Border Finance 47

PYMNTS

FEBRUARY 11, 2020

One of the most promising tools in this space, according to Tarone, is blockchain. The opportunities for blockchain are significant in areas like managing high volumes of trade documents, with distributed ledger technology (DLT) able to promote the validity of documents with significantly less risk of duplication or data tampering.

Finance 53

Finance Technology Cross-Border Distributed Ledger Technology (DLT) 53

Fintech Review

FEBRUARY 25, 2025

Fraud is another significant concern, as manual processing and the lack of transparency make trade finance susceptible to counterfeit documents, duplicate financing, and fraudulent claims. Another advantage of blockchain is real-time tracking of goods and payments, which enhances transparency and builds trust among stakeholders.

Finance 85

Finance Technology Distributed Ledger Technology (DLT) Blockchain 85