SBI Holdings Co., Ltd. has concluded a Basic Agreement with TradeFinex Tech Ltd., which promotes the XDC Network, an enterprise-specific blockchain with the goal of improving the efficiency of trade finance, to establish a joint venture in Japan.
With its operating head office in Dubai, United Arab Emirates, and communities and offices in various countries such as the United States, Singapore, and India, XDC Network is a layer-1 blockchain that is expected to be used in economic activities around the world, such as trade finance, supply chain management, and cross-border payments.
Since its inception, XDC Network has focused on improving the efficiency of trade finance and has worked closely with the World Trade Organization (WTO), the International Chamber of Commerce (ICC), and many other government agencies, as well as providing innovative solutions improving transparency…
Read More
