Contour, the global digital trade finance network has today announced its strategic partnership with TradeGo, a blockchain-based commodity trading service platform that enables the secure and transparent transfer of electronic Bills of Lading (eBL).
Today, the demand for digital trade finance solutions is even more pertinent. News of Trafigura’s systemic nickel fraud highlights why the slow process to digitise trade finance processes has left the commodities trading industry more vulnerable to fraudulent incidents.
