HK FinTech Week: Why forming a consortium is like "marrying multiple people"
During an afternoon session at Hong Kong FinTech Week, representatives of the eTradeConect-GSBN alliance spoke of the difficulties in consortia-forming, whether corporates should be paid for data and why too many platforms might not be a bad thing
Last week, blockchain-based trade finance platform eTradeConnect announced a tie-up with a recently-formed shipping consortium, Global Shipping Business Network, adding that the banks have worked on integrating a link to enterprise resource planning (ERP) systems.
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