Tag: interoperability
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Swift enables global eBL interoperability in trade finance
The rise of digitalization in the finance industry has brought forth numerous advancements, especially in trade finance. One of the significant breakthroughs is the interoperability of electronic Bill of Lading (eBL) systems facilitated by Swift. The Importance of eBL: The Bill of Lading is a crucial document in international trade. It serves as proof of…
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Mastercard demonstrates CBDC interoperability for Web3 commerce
Mastercard, a global leader in electronic payment technology, has recently showcased its commitment to paving the way for the future of commerce on the web by demonstrating interoperability of Central Bank Digital Currencies (CBDCs) in the Web3 ecosystem. The advent of Web3 technology promises to disrupt traditional online commerce by embedding decentralized principles into transactions…