Longfin Corp. (LFIN) is fintech that enables global
trade finance solutions for a variety of companies by utilizing blockchain technology and cryptocurrencies.
Singapore - based Acudeen prepares for an initial coin offering (ICO) as it plans to migrate its
existing trade finance solution to a blockchain platform...
Constructed with professional services firm Cognizant, the partners involved believe that the
coming trade finance solution will reduce fraud, increase transparency and enhance the shift away from paper records.
The Commercial Banking delivers advice and a full suite of customized lending, deposit, cash management and
trade finance solutions to medium and large businesses.
The move sets a precedent as being India's first blockchain - based network offering
a trade financing solution.
The three parties have entered into a Memorandum of Understanding (MOU) and will work together to explore a proof of concept (POC) using blockchain technologies and «to develop solutions that translate into fraud and error reduction, as well as cost savings» for
trade finance solutions.