Trade Finance Forum › Forums › Market Regulations › Risk Analysis › What are your thoughts on a Trade Finance Registry? Could this aid in the fight › Reply To: What are your thoughts on a Trade Finance Registry? Could this aid in the fight
June 4, 2022 at 1:07 pm
#1106
Adharsh
Participant
As far as I know, TFR is the first of its kind way to solve & combat dual funding in trading activities. Because of the unique characteristics of blockchain, unrelated sides can also evaluate the specifics of their deals with one another, obtaining advance indication of potential fraud. This team, led by Standard Chartered & DBS, has spearheaded the Trade Finance Registry. TFR is built on the #dltledgers blockchain network, and developed by Distributed Ledger Technologies.
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