The digital asset launch, which started last week and closed today, aims to offer both traders and investors an alternative way of funding and investing in trade and supply chain finance products.
SMEs form the backbone of the Singapore economy and digital solutions are helping them get on top of paperwork. Cafebond.com serves up a prime example.
BHP Billiton and Xiangguang Copper have transacted a first of a kind back-to-back electronic letter of credit over Bolero, shaving 20 days off a typical transaction.
ExxonMobil with BAML and China CITIC has driven the use of electronic bill of lading (eBL) in Asia with its shipment from Singapore to China via the essDOCS online platform.