According to reports, trade finance presents a significant opportunity for blockchain technology. The sector faces challenges such as a substantial financing gap and inefficiencies stemming from paper-based processes. The development suggests that tokenized receivables could unlock global liquidity, particularly benefiting small and medium-sized enterprises (SMEs). The report highlights the potential of blockchain to address these issues within the trade finance industry.

According to reports, trade finance presents a significant opportunity for blockchain technology. The sector faces challenges such as a substantial financing gap and inefficiencies stemming from paper-based processes. The development suggests that tokenized receivables could unlock global liquidity, particularly benefiting small and medium-sized enterprises (SMEs). The report highlights the potential of blockchain to address these issues within the trade finance industry.