Blockchain and Trade Finance: An Insight

Trade financing, which involves financial institutions to provide credit facilities to guarantee exchange of goods, pivots around an archaic process that has not undergone much change with the expansion of global trade flows.

Moreover, the existing trade finance paradigm is beset with multi-dimensional challenges such as complicated processes and imposition of various regulations with geographical scope. The involvement of multiple external parties across jurisdictions complicates international trade, thereby making the entire process expensive and time consuming.

All these pain points emphasize the need for blockchain in trade finance.

Need for Blockchain Based Trade Finance: Pain Points of Existing Process

The existing trade finance process has to address the following challenges:
Eliminate all these challenges by embracing blockchain solutions for trade finance. Connect with our experts to share your business needs.

Benefits of Using Blockchain in Trade Finance

Blockchain can foster an improved trade finance process underpinned by the following benefits.

Leverage the benefits of blockchain in trade finance with our expertise and real- world experience in blockchain implementation.

Need for Blockchain Based Trade Finance: Pain Points of Existing Process

The existing trade finance process has to address the following challenges:
Letter of Credit Processing

Letter of Credit Processing

Streamline the LOC process, making it faster and more efficient by reducing the need for intermediaries and enabling near real-time communication between parties.
Invoice Financing 2

Invoice Financing

Automate invoice financing, reducing the time and costs associated with manual invoice processing and improving the accuracy of data.
Supply Chain Financing

Supply Chain Financing

Gain visibility into the supply chain and simplify the assessment of the risk of a trade transaction, thereby improving the availability of trade financing for SMEs.
Trade Documentation

Trade Documentation

Store trade finance documents, such as bills of lading, invoices, and letters of credit, in a secure and easily accessible manner, reducing the risk of fraud and financial crime.
Risk Mitigation 2

Risk Mitigation

Improve risk management by achieving real-time visibility into the trade finance process, reducing the risk of fraudulent transactions and providing a secure environment for storing trade finance documentation.
Digital Identity 2

Digital Identity

Create digital identities for participants in the trade finance ecosystem, improving the security of transactions and enabling easier verification of identity.
Trade Finance Platforms

Trade Finance Platforms

Build trade finance platforms that bring together multiple participants, including banks, corporates, and government agencies, to streamline trade finance processes and reduce the cost and complexity of trade financing.
Discuss your business use case to turn it into a great product.

Why Choose Us to Implement Blockchain in Trade Finance?

By partnering with Antier, you can rely on a team of technical experts with real-world experience delivering end-to-end blockchain services.

Blockchain Pioneers

With years of experience in blockchain technology, we are the industry pioneers with extensive expertise. We do one thing, and we do it well.

Customization Excellence

We understand– No two businesses are the same, nor their needs. We excel at tailoring solutions to your unique requirements and vision.

End-to-End Services

We provide end-to-end services covering everything from ideation and development to deployment with the utmost professionalism and expertise.

Security-Centric Approach

Security is paramount in the crypto space so we adopt a security-first mindset, implementing industry best practices to safeguard your digital assets.

Competitive Pricing

We offer competitive pricing structures that ensure you receive exceptional value for your investment without compromising on quality.

24/7 Support

We offer unwavering, ongoing support with 24/7 availability to ensure the longevity and optimal performance of your blockchain solutions.

Our Clients

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Frequently Asked Questions

01.
How does blockchain work in trade finance?
02.
Can blockchain technology be used to improve supply chain visibility and traceability in trade finance?
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How can blockchain technology be integrated into existing trade finance processes?
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How can blockchain technology improve access to trade financing for SMEs?
05.
How long does it take to build a blockchain-based solution for trade finance?