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Augmenting Trust With Technology In Global Trade Finance

PYMNTS

. “Many have tried to shoehorn blockchain technology into solutions [where] it doesn’t quite fit, [but] trade finance, supply chain finance and cross-border payments [are] some of the few examples of commercial use where it can genuinely make a real difference,” he said. But blockchain goes further, said Tarone.

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Trade Finance: Challenges and the Role of Emerging Technology

Fintech Review

Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions.