UK-based banking giant Standard Chartered has announced a partnership with Linklogis to create a new platform for trade finance that aims to unlock the power of blockchain and AI for international logistics capital.
The partnership is focused on creating ‘Olea’ – a project it describes as a fully-digitized trade finance origination and distribution platform. It will utilize blockchain technology and AI to bring together institutional investors seeking opportunities in alternative asset classes with businesses requiring supply chain financing.
Standard Chartered’ s relationship with Linklogis’ began in February 2019 when both companies signed a memorandum of understanding to explore the co-creation of innovation solutions that will support the supply chain finance ecosystem.
Continue reading: https://finance.yahoo.com/news/standard-chartered-announce-blockchain-trade-132608541.html
The partnership is focused on creating ‘Olea’ – a project it describes as a fully-digitized trade finance origination and distribution platform. It will utilize blockchain technology and AI to bring together institutional investors seeking opportunities in alternative asset classes with businesses requiring supply chain financing.
Standard Chartered’ s relationship with Linklogis’ began in February 2019 when both companies signed a memorandum of understanding to explore the co-creation of innovation solutions that will support the supply chain finance ecosystem.
Continue reading: https://finance.yahoo.com/news/standard-chartered-announce-blockchain-trade-132608541.html
