Trade finance is the biggest opportunity in blockchain
Trade finance’s financing gap and paper-based inefficiencies create blockchain’s largest opportunity. Tokenized receivables can unlock global liquidity for SMEs.
Opinion by: Billy Sebell, executive director at XDC Foundation
In just over a decade, blockchain technology has rewritten the rulebook for global finance, bringing transparency, speed and access to financial markets. It has clearly established its worth in digital assets, decentralized finance (DeFi) and cross-border payments, among other effective use cases.
Perhaps the greatest unrealized potential for blockchain lies in one of the world’s most vital sectors: global trade finance.