News Archives - dltledgers

Singapore authorities seek end to paper-based trade finance after fraud scandals

by jinelle Dlima | Nov 9, 2020 | News

Original article by John Basquill, GTR Singapore’s financial regulator has called for a move away from paper-based trade transactions in a bid to reduce fraud, after a series of high-profile scandals in the city state’s commodities sector. Senior minister...

How Singapore’s first trade finance digital registry works

by jinelle Dlima | Oct 28, 2020 | News

Original post by Karry Lai, International Financial Law Review Blockchain startup DLTLedgers and the banks involved in the project share insights on the challenges encountered in creating the proof of concept. The Monetary Authority of Singapore (MAS),...

CNBC – Singapore reshapes its supply chains to stay resilient against shocks like the coronavirus

by Shahz | Sep 29, 2020 | News

Original video by cnbc.com Singapore reshapes its supply chains to stay resilient against shocks like the coronavirus From food security to supply chain disruptions, the coronavirus pandemic has highlighted stress points in Singapore’s trade-dependent economy. Against...

Top UAE banks that adopted blockchain technology and why

by Shahz | Sep 15, 2020 | News

Original article by Hadi Khatib at ameinfo.com UAE banks are quickly and increasingly making room for it, but who are the major players, and to what purpose are they using blockchain? The Middle East and Africa’s blockchain spending would surge from $21 million...

Blockchain can shield banks from billion-dollar trade finance scandals, says exec

by Shahz | Sep 7, 2020 | News

Original article by Coin Telegraph. Written by Mohammad Musharraf Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert. The pressure induced by the ongoing economic crisis, obsolete trade finance...

#dltledgers in advanced talks to raise US$9M Series A

by Shahz | Jul 16, 2020 | News

Original article by Sainul Abudheen K dltledgers, a blockchain-powered cross-border trade digitisation startup based out of Singapore, is in advanced talks to raise US$9 million in Series A round of investment, its Founder and CEO Samir Neji told e27.The startup is...