Blockchain Can Solve the Pain Points of Trade and Supply Chain Finance

All markets are now being transformed by the new business models arising out of developments in information technology; blockchain is one of these new technologies. Blockchain has the power to transform decentralised ledgers as a tool to record, enable and secure an enormous range of transactions. It has no central authority; instead, it uses a shared record of information distributed over a vast network of users. This way, blockchain can deliver a new kind of trust to trade and supply chain finance.