#Enigio’s trace:original has been integrated with China System’s #Eximbills and #Finastra’s Fusion Trade Innovation to enable all their bank and corporate customers to easily start
creating and managing digital original documents, removing the need for a central registry or central document repository.
Unique document technology, which creates trust in a digital world.
Following the guidelines set by the #MLETR, Abu Dhabi Global Market (#ADGM) is counted among the jurisdictions enacting legislation in favour of the use of electronic transferable documents and instruments. ADGM has enacted the Electronic Transactions
Regulation 2021 as a confirmation of their belief in the legal enforceability of electronic negotiable documents such as promissory notes and bills of exchange.
The International Trade & Forfaiting Association (#ITFA) has already established the Digital Negotiable Instruments (#DNI) initiative to digitise bank guarantees, bills of exchange and promissory notes in the most pragmatic way. Furthermore, ITFA developed the “digital document”
(#dDOC) specifications that provide a vendor-agnostic technology-based framework to enable digital original documents to act the same way as paper original documents.
Meanwhile, Ripple hasn't been the only project to spot the need for a comprehensive payment and settlement network. XinFin is an enterprise blockchain platform supporting trade finance, which has been making impressive headway in its native
region of SouthEast Asia. It runs a live mainnet called the XDC Network, supporting over 100 institutions and over 10,000 wallets holding a balance of the platform's XDC token.
Unlike the XRP ledger, which simply settles payments, XinFin currently runs over a dozen decentralized
applications on its regulatory compliant smart contract platform. These include TradeFinex, a network for trade finance originators to distribute deals to the growing base of alternative asset investors, and Globiance, a regulated stablecoin issuer based in Singapore, which
Japan’s #JCB publishes white paper on #blockchain confidentiality, privacy.
A month ago, a Singapore startup #OneHypernet announced a cross border netting solution for payments that also uses confidential computing. 1/2
The multilateral netting project combines two technologies from #R3, its #Corda enterprise #blockchain and #Conclave confidential computing offering. 2/2