Process inefficiencies in payment methods like letters of credit and Bills of lading often undermine the ability to mitigate risk. But by modeling payments as self-executing contracts on blockchain, parties across the trade finance continuum could automate contract compliance and ensure faster assured payments by preventing disputes that arise from ambiguities in payment contract terms … Continue reading emBlock – Blockchain for Lending and Trade Finance
Tag: #TradeFinance
eMudhra in the Press – Blockchain being used in Banking, Contracts
Date: 27th May 2018 An Industry story featuring eMudhra titled ‘Blockchain being used in Banking, Contracts’ has been published by The Hindu. To know more click here