DeFi Is A Shot In The Arm For The Trade Finance Industry

Decentralised Finance is disrupting the Trade Finance sector as we know it. Trade Finance is the mechanism that brings liquidity into International trade. It is a complex category that involves a buyer of goods and services, a seller, and various intermediaries, such as banks, insurers and other financial institutions, that can facilitate the transactions between the first two parties by financing the trade. The Trade Finance industry is worth $12 trillion, but the reality is far from the reality of the current system.