Former Standard Chartered Executive Launches ZIGChain Blockchain Platform for Finance
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币界网报道：Standard Chartered's former global head of trade, Kai Fehr, has launched ZigChain, a new blockchain platform targeting the $5.2 trillion trade finance sector. The platform aims to streamline trade finance by digitizing documents and automating processes using smart contracts, reducing inefficiencies and fraud risks. ZigChain will initially focus on trade finance in Asia and Africa, with plans to expand globally. Fehr highlighted the platform's potential to enhance transparency and reduce costs for businesses involved in international trade. The initiative reflects growing interest in blockchain solutions for traditional finance sectors.
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