Revolution of blockchain in supply chain Trade Finance Invoicing & Settlement

ITFA | XDC Network |
International Chambers of Commerce
@iccwbo @XinFin_Official @itfa

Paper invoices = No data
Digital invoices = Lots of data sets

-Info Thread-
$XDC #TFDI
medium.com/dlt-nyc/trade-… Image
Digital Document Notarization paper documents of the future:
Paper = Needs notarization
Digital = Trusted Original w/@EnigioTime

Swift < Enigio < $XDC < TFD Initative ImageImageImageImage
Electronic bills of lading — An electronic bill of lading (or eB/L) is the legal and functional equivalent of a paper bill of lading.

$XDC

QR Code < e B/L on blockchain < 2 sec settlement < fraction of cent fees < XDC Network

Removes friction in global supply chain
#fintech ImageImage

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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.

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By digitalizing each invoice on a decentralized platform easy to access ImageImageImage
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