Monday, 11 February 2019

LC LITE To Streamline $2.3 Trillion Letters Of Credit Market With Blockchain Based Platform

The LC LITE units of exchange serve as means of payment booking for the LC contract.

The founders of global invoice finance provider, Incomlend, are launching a new platform built on the blockchain, bringing the benefits of an immutable and decentralised system within the annual $2.3 trillion Letters of Credit (LC) market. Approximately 13% of global goods trade is financed by LCs. LCs are a financial instrument to guarantee payment from an importer to […]

The post LC LITE To Streamline $2.3 Trillion Letters Of Credit Market With Blockchain Based Platform appeared first on OWLT Market.



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