Finance News

Story: Bank for International Settlements (BIS) launched a Trade Finance Tech Challenge: Why…

By Ayobami Abiola

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The TechChallenge

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Xinfin's Tradefinex: a Round Peg in a Round Hole

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Interoperability Problem: Tradefinex Profers a Tailored Solution

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Trade Finance Inclusions for SMEs

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Easy To use Interface

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Bank for International Settlements 

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The Bank for International Settlements Innovation Hub (BISIH) center in Hong Kong SAR and the Hong Kong Monetary Authority (HKMA) on August 3 announced the launch of a Tech…

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The challenge is organized in Collaboration with key Trade Finance players like the International Chamber of Commerce (ICC)  and the Institute of International Finance.

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BISIH highlighted three major problems in Trade finance that they want innovative projects that are applying for the TechChallenge to solve which are Interoperability between key…

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Xinfin Hybrid Blockchain designed as an enterprise-ready blockchain has Tradefinex which focuses on providing innovative solutions to problems in Global Trade Finance.

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Tradefinex is an interoperable platform with other Trade Finance digitization platforms like Tradeshift, Intuit Quickbooks, Corda, and Oracle.

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The Team from Xinfin in a release introducing Tradefinex from 1st October 2018 stated:

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“We are in the process of on-boarding governments, global trade associations, SMEs, financial institutions, and beneficiaries on our platform.”

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“Investors looking for best business plans to invest can check @tradefinex for funding projects.”

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In an announcement after securing Andre Castermer as an Advisor, he stated:

The Currency Analytics

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