XDC Network

<ul><li>XinFin XDC Network’s Singapore COO predicts global blockchain adoption due to the legal acceptance of digital trade documents.</li><li>The XDC Network team says it is set to bridge the $19 trillion trade finance asset class through tokenization.</li><li>Previously, Tradeteq partnered with XinFin XDC network to launch the first regulated token, TRADA.</li></ul>Sunil Senapati, the COO at XinFin XDC Network, predicts a significant rise in blockchain adoption in trade finance due to the legal acceptance of digital trade documents, such as the Electronic Trade Documents Bill (HL Bill 57), recently introduced in the UK Parliament.Senapati expressed this sentiment <a href="https://icg.citi.com/icghome/what-we-think/citigps/insights/money-tokens-and-games" rel="noopener noreferrer nofollow">in an interview at the Citi Group’s 10th Digital Money Symposium</a> 2023, arguing that “around 80% of world trade is based on English law.” He forecasted that the percentage of global trade flows involving digitized processes and blockchain technology will reach two digits by 2025. He added:<a href="https://coinedition.com/icc-wto-citi-group-and-trade-finance-global-recognize-xinfin-xdc-networks-potential-in-trade-finance/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

ICC, WTO, Citi Group and Trade Finance Global Recognize XinFin XDC Network’s Potential in Trade Finance

Coin Edition

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