Blockchain: Solving a trade finance inefficiency solution

Updated: Aug 24, 2020

A detailed look into the capabilities of blockchain for addressing the limitations of single windows.

Exporters and importers in countries with paperless trade spend far less time on paperwork for border clearance. Those in Sub-Saharan African spend an average of 98 hours on paperwork, as opposed to only four hours in Thailand and one hour in Canada and Sweden.

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