[George Clive]

Triterras is a global fintech company that is the leader in creating inclusive finance solutions for micro, small, and medium-sized businesses around the world. As a leader in global business, they take care of all your international payments and foreign currency exchanges. With a platform for trade finance that doesn’t involve any risk, they offer customers with custom solutions.

[George Clive]

With the rise of digital channels, the need for built-in payment and financing options has grown. Digital financing is often the missing piece when it comes to selling expensive cases online. But one financing option isn’t enough to support all the use cases of a diverse portal. Digital Financing Platform connects digital players with lending banks to offer instant loan processes with a variety of loan and rate products. It also creates a unique customer journey from start to finish.

Digital platforms can benefit from bringing together more than ten banks, each of which is very strong at what it does and how it does it. The flexible integration can be done quickly and easily through APIs or widgets. This means that individual processes can be put into place within weeks. When the platform is strong, the processes and partners can be managed and analyzed.

• This reply was modified 2 years, 2 months ago by Carin G Hansen.
• This reply was modified 1 year, 11 months ago by Carin G Hansen.

[George Clive]

The Interplanetary File System (IPFS) is a distributed file storage protocol that allows computers all over the world to store and serve files as part of a huge peer-to-peer network. Any computer, anywhere in the world, can get the IPFS software and start hosting and serving files. While blockchain’s nodes share a ledger, IPFS is a peer-to-peer file-sharing system that hashes files in the same way that blockchain hashes transactions. Users can then search for files based on their hashes. IPFS objects can only take up a certain amount of space, and the maximum amount of data they can hold is 256 KB.

[George Clive]

Open account transactions in international trade mean the goods are delivered and shipped before the payment is due. It usually happens between thirty, sixty or ninety days. This option benefits importers as it allows cash flow but is not preferred by exporters. The heavy competition in exports makes foreign buyers demand exporters to make open accounts. Another important aspect is that the extension of credit is ubiquitous to happen in an open account. Exporters lose more potential customers to their competitors mainly because of this. Open account enhances competitiveness and makes the business owner examine economic, commercial and political risks. It also teaches exporters to analyze the cultural influences to ensure they receive their payment on time.

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