Blockchain-based digital trade platform for SMEs to debut in 2018

Singapore

SINGAPORE'S first blockchain-based digital-trade platform for small and medium enterprises (SMEs) will be ready come the first quarter of the new year. Called Fasttrack Trade (FTT), it will enable SMEs to seek business partners, buy and sell goods and buy insurance on a single platform.

The facility, the result of a partnership between Prudential Singapore and StarHub, is being developed by fintech startup Cites Gestion, with funding from Prudent…