Digitizing cross-border trade and supply chains

Learn More
Challenge
  • The inefficiencies of paper-based processes along the multiple phases of trade transactions impact cost, complexity, and turnaround times
  • Resulting in reduced margins for traditional bank LC business and tough competition for client business from other working capital solutions
Solution
  • DLT Ledgers is a “plug-and-play” solution for digitizing cross-border trade and supply chains
  • The solution combines the benefits of blockchain, AI and cloud computing in a single platform, reducing transaction cycle times, freeing up working capital and automating expensive, manual processes
  • Why Corda? Chosen for its transaction level privacy, scalability and R3’s 24/7 support
Results
  • 4000+ businesses participating, financing or supporting cross border trades
  • $3bn transactions to date have been executed on the platform
  • Re-platformed from Hyperledger Fabric due to problems with privacy and scalability
Sign Up and Stay Up on R3

Sign up for our flagship newsletter, the R3 Ledger, to receive the latest news, updates and content.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.