XDC Trade Network Unveils Unlimited Free Pilot Program to Digitise Trade Finance.
Digitise Trade Finance with unlimited free pilots and save your time and money for international trade.
XDC Trade Network, in collaboration with leading industry players TradeFinex, SBI XDC Apac Co Ltd, and Trade Fintech Ltd, has announced a groundbreaking pilot program. This initiative aims to empower businesses with cutting-edge blockchain technology, revolutionizing the way they conduct international trade.
The Challenge: Paperwork and Delays
Traditional trade processes are often plagued by cumbersome paperwork, inefficient remittance procedures, and delays. This not only hinders operational efficiency but also restricts access to financing for many businesses, particularly SMEs.
Whereas XDC Trade Network is a complete suite of dApps built on XDC Network that aims to redefine the global trade finance Industry by helping to digitalise the entire process. XDC Trade Network delivers the digitalisation of trade documents and interoperability of similar solutions, verification of the digital documents, funding for trades documents developed on an MLETR-compliant solution.
Let’s dive into this Unlimited free pilot program in more detail:
XDC Trade Network’s Solution: A Streamlined Future
The pilot program leverages XDC Trade Network’s robust blockchain platform, built on the Model Law on Electronic Transferable Records (MLETR) framework. This translates to:
- Enhanced Efficiency: Digitization of trade documents eliminates paper-based processes, streamlining workflows and reducing transaction times.
- Improved Remittance: Faster and more cost-effective international payments facilitate smoother trade execution.
- Increased Accessibility: The program offers trade finance solutions, particularly beneficial for SMEs seeking to grow their international presence.
Benefits for Early Adopters
The pilot program offers a compelling proposition for forward-thinking businesses. Liquidity providers holding a minimum of 50 million XDC through regulated custodians or exchanges can now benefit from our comprehensive package, which includes:
- Free Technical Integration: Seamless integration with the XDC Trade Network platform at no initial cost.
- Unlimited Pilot Opportunities: Experiment and refine digital trade solutions without limitations, fostering innovation and scalability.
- Access to High-Yield Opportunities: Participate in lucrative trade finance options, enhancing return on investment.
- MLETR Compliance: Ensure global recognition and enforceability of trade transactions, fostering trust and security.
The Takeaway: A Seat at the Innovation Table
This pilot program offers more than just access to cutting-edge technology. It presents an opportunity to join a community of industry leaders shaping the future of trade finance. By participating, businesses can:
- Stay Ahead of the Curve: Be at the forefront of the digital trade revolution, gaining a competitive edge in the global marketplace.
- Reduce Costs and Enhance Security: Leverage the inherent efficiencies and security advantages of blockchain technology.
- Unlock New Revenue Streams: Explore innovative trade finance opportunities and unlock new avenues for growth.
Future of Trade Finance
XDC Trade Network and its partners are paving the way for a more efficient, secure, and profitable trade finance landscape. Anyone from the trade finance sector can join the pilot program and embark on the digital trade transformation journey by contacting XDC Trade Network at info@xdctrade.network.
