-: FOLLOW US :- @theinsaneapp
Tata Power on Monday said it has partnered with Contour, one of the most prominent digital trade finance platforms that are based in Singapore.
-: FOLLOW US :- @theinsaneapp
This partnership will help build more secure, transparent and efficient system.
-: FOLLOW US :- @theinsaneapp
Contour's network utilizes decentralised technology (blockchain) to connect businesses.
-: FOLLOW US :- @theinsaneapp
Ecosystem partners and banks into a trusted network to facilitate a more efficient process for digital trade finance, the statement stated.
-: FOLLOW US :- @theinsaneapp
The integration allows trusted data flow over the globe's trade routes as well as the current ecosystems that are fragmented, it said.
-: FOLLOW US :- @theinsaneapp
Paper and manual methods in financial management slow growth in trade because they add cost and complexity.