Closing in on the Holy Grail of World Trade: Blockchain to Boost Southeast Asian trade
Blockchain can remove major pain-points for companies that trade across borders, by transforming trade logistics, customs procedures, supply chain management, cross-border payments and trade finance. Blockchain is "on fire" in Southeast Asia, where it is applied widely across these areas to streamline the region's trade. In this analysis for the International Center for Trade and Sustainable Development, Nextrade assesses how Southeast Asian companies and economies are using blockchain in trade and what the region needs to do, to take greater advantage of blockchain.
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