Mphasis teams up with blockchain startup on automated financial services platform
Updated : May 29, 2019 03:45 PM IST
While there are projects trying to digitize other areas of international trade transactions such as document management and customer due diligence, the core financial services such as cross-border settlements and financing of transactions operate on "outdated and clunky" infrastructure, Ricaurte said.
The result is a complex gridlock that limits visibility for all parties and hinders access to liquidity for those who need it most.
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