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Deploying blockchain in durian trade is bearing fruit

Digitisation opens up new trade finance avenues for companies and investment opportunities for private capital

 Genevieve Cua
Published Sun, Jun 16, 2019 · 09:50 PM

    Singapore

    BLOCKCHAIN is commonly associated with digital coins, but its deployment in the track-and-trace process of the supply chain may yield benefits beyond raising efficiency.

    With the greatly increased visibility of goods and money flow that blockchain allows, more private investors are stepping up to provide alternative sources of trade financing to companies in the supply chain.

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