China systems integrated its solution with @EnigioTime and Enigio's DLT based solution uses $XDC for the underlying technology for securely transferring digital documents originals.

Let's take a dive in the connections 👇

#blockchain #information ImageImageImage
Currently, the legacy banking system has major problems with moving original trade documents. They mostly deal with paper and have to store copies.

Enigio acts as a digital notarization service for verifying the documents.

Reducing the need for a paper system.

#banking #SDGs ImageImageImageImage
Paper invoicing in global trade between SMEs also creates a lot of headaches and friction.

It creates a very slow verification process that's hard to keep track of.

Enigio & $XDC Network can solve this

By digitalizing each invoice on a decentralized platform easy to access ImageImageImage
This tech stack provides a decentralized transfer model, that settles for fraction of a penny and instantly and is tracked an immutable ledger for life.

$XDC is the underlining infrastructure that Enigio is built upon.

#fintech #global #finance #blockchain ImageImageImage
If you didn't know there's a shipping crisis going on in the world right now

What if the paper is a part of the causes of the backlog?

The time it takes to verify paper is slow compared to just scanning a QR code that takes you to the digital version of the trade document. ImageImageImage
Who are some of the companies building this infrastructure globally?

A couple..

This is a network of networks creating a standard for global trade between banks & SMEs

#fintech #SDGs #TFD #Tradefinance #trade #supplychain #revolution ImageImageImageImage
I hope you enjoyed some of the information I have researched and put together for my fellow citizens of the globe.

I am trying to share knowledge with you since I know mainstream media doesn't talk about this

Let me know what you think!

RT if you found something interesting
Not financial advice, but blockchain education for the citizens of earth to see.

If you haven't heard of $XDC and want to read some information on it.

I wrote a thread of some of the connections I've seen.👇

Cheers to all you Citizens of the Future!
If your new to the blockchain ecosystem and want quality opinions.

Some of my favourite researchers that have inspired me to dig deeper in my own research are:

Really Weird 👀
This was just released today:
The world’s largest economies could increase the flow of international trade by as much as nine trillion US dollars (£6.6 trillion) by 2026 if they shift to using digital trade documents, a report suggests.…

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More from @UtilityTheory

14 Nov
95% of people are chasing meme coins

But few are looking at one of the biggest long-term opportunities in crypto...

A deep dive into how $XRP is building a frictionless decentralized liquidity pool for the world 🌍

(Not financial advice)

/THREAD/ Image
1/ The problem:

“With today’s internet of information you can’t store, move, transact value without a powerful intermediary. And that’s what blockchains solve”

Quoted by @dontapscott a leader in the decentralized blockchain revolution Image
@dontapscott 2/ Before blockchain

The internet had a problem with transferring $ value peer to peer

The only 2 options for sending money were:

1. Send $ using a cross border payment via bank transfers
2. Use a 3rd party and trust a stranger with private information

Lets dive into those👇 Image
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