Trade Finance System

ASSOCHAM-Deloitte, Blockchain, Trade Finance System

ASSOCHAM-Deloitte vouch for blockchain technology to improve India’s current trade finance system

Tech like blockchain, artificial intelligence (AI), machine learning and robotic process automation have potential to resolve inefficiencies in India’s current trade finance system, and make the process efficient at the bank’s, buyer’s, seller’s, as well as the SME’s end, said ASSOCHAM-Deloitte report.
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