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Blockchain In Trade Finance

Trade Finance has been studying the worldwide trade and export finance markets, and the definition of trade finance has evolved from a simple letter of credit to highly complicated mixed bond and debt ECA financings.

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Blockchain In Trade Finance

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  1. Blockchain In Trade Finance

  2. Trade Finance Trade Finance has been studying the worldwide trade and export finance markets, and the definition of trade finance has evolved from a simple letter of credit to highly complicated mixed bond and debt ECA financings. • It exists to decrease or mitigate the risks associated with international commerce transactions. • A trade transaction involves two parties: (1) an exporter who wants payment for their goods or services (2) an importer who wants to ensure that they are paying for the right quality and quantity of commodities.

  3. Types of Trade Finance Products • Letter of credit • Supply chain finance • Structure trade and commodity finance • Export and agency finance • Trade credit and political risk insurance

  4. Blockchain in trade • Blockchain enables data to be recorded in a secure digital format by providing real-time information on transactions between different parties, be they corporations, supplier networks, investment pools, or an international supply chain.

  5. Blockchain impact in Trade finance • Automated payment methods provide merchants with payment certainty 2. Using trade asset tokenization to provide buyers with delivery certainty. 3. Mitigating risks and increasing financing revenues for banks through payment instrument digitization.

  6. What is blockchain financial technology? • A blockchain enables people to send money to one other without going via a bank or financial services provider. Blockchain technology is referred to as distributed ledger technology by many in the financial services industry. Some people believe that blockchain will be a more dependable database than their current databases.

  7. BLOCKCHAIN EXAMPLES FOR FINANCIAL USE CASES • Payments • Remittances • Payment gateway • Trade Finance • Improving record keeping • Identity

  8. We Provide Other Services • Blockchain accounting software • AI development services • NFT consulting • Metaverse development company • Cybersecurity service provider

  9. Feel Free To Contact Us SOUTHERN CALIFORNIA 16870 W. Bernardo Drive, Suite 250, San Diego, CA 92127 Phone:858-848-1784 NORTHERN CALIFORNIA 7677 Oakport Street, Suite 460, Oakland, CA 94612 Phone:510-768-7101 NEW MEXICO 6565 Americas Parkway NE, Suite 800, Albq, NM 87110 Phone:505-814-0011 MAIL US info@saratechnologies.com Feel free to contact us round-the-clock for blockchain consulting services

  10. Thank you

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