It is available in over a dozen countries, allowing companies to reduce transaction costs and optimise the efficiency of their supply chains across cross-border trading, financing, logistics, compliance and risk management.
Chinese e-commerce group ZALL Smart Commerce is set to increase its investments in the Commodities Intelligence Centre (CIC) – its joint venture with the Singapore Exchange (SGX) and Global eTrade Services (GeTS).
Established in 2018, CIC leverages on blockchain technology to facilitate e-trading of physical commodities.
