Eliminate frauds and malpractices in trade finance with blockchain

Blockchain is the technology’s answer to the age-old problem of creating ledger entries and its attractiveness lies in its immutability. This means that once a record has been created on Blockchain, there is no way to change its entry. Fraudulent behaviour would be eliminated and this builds a new layer of trust in business not seen since the letter of credit was created in the 14th century.

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Editorial Staff

Editorial Staff at SG Fintech is a team of Fintech enthusiasts.