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DBS and Standard Chartered make strides to overhaul their trade finances operations - Business Insider

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DBS and Standard Chartered are finding alternatives to blockchain for digitizing the traditionally manual process

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To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. NTP aims to help streamline the trade finance and supply chain industry: By using the platform, companies don't have to physically present paper-based trade documents to complete a letter of credit transaction and can instead do so online by leveraging NTP's like its online cloud-based repository offering, and an SFTP connection or API integration for document sharing.

 

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