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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

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Traditionally, the fresh fruit industry is one where financial risks are seen to be onerous, and banks and financial institutions have been reluctant to extend credit lines to smaller businesses in the supply chain.

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...

sentifi.com

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