Deploying blockchain in durian trade is bearing fruit
Digitisation opens up new trade finance avenues for companies and investment opportunities for private capital
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.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands