Author: Kevin Holmes

Across industries, there is a growing move away from paper-based processes and toward the adoption of blockchain and Distributed Ledger Technology (DLT), due to their ability to enhance security, streamline operations, and improve transparency. In the financial services sector, and especially within the trade finance space, this transition is particularly impactful when it comes to replacing traditional paper-based guarantees with fully digital solutions. By leveraging DLT, financial institutions can reduce fraud, automate processes, and provide real-time visibility into transactions, ultimately creating a more efficient and secure financial ecosystem.  What are digital guarantees, and why are they replacing paper-based guarantees? While…