Re-Imagining Trade With Blockchain
"Trade in general has been a painful process in India where it takes, on an average, 120 documents to be processed by various parties and it has been a tedious and time consuming process. The establishment of the Blockchain Infrastructure Company (BIC), where several banks have come together to form a consortium that shares data that is interoperable, trustworthy and secure, will change the way India does trade. I complement Infosys for thinking about the customer challenges in trade and then coming up with Trade Connect. I don’t think you can expect a better product than Trade Connect“
Shekhar Bhandari,
Sr. EVP and Business Head, Global Transaction Banking,
Kotak Mahindra Bank
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