Trafigura unveils blockchain trade platform in Singapore
The ICC TradeFlow platform aims to connect trade partners across borders and streamline manual paper-based trade processes to improve trade flows. The pilot trade of $20m worth of iron ore will be shipped from Africa to China this month
Trafigura has come together with DBS Bank, Infocomm Media Development Authority, the International Chamber of Commerce, Enterprise Singapore and tradetech Perlin to develop the platform