Also launches a pilot trade finance network for banks to trial Finacle Trade Connect solution
Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys announced the global availability of Finacle Trade Connect, a blockchain based trade finance solution for banks. The solution will help digitise the trade finance business process, including validation of ownership, certifying documents and making payments, which working on distributed, trusted and shared network.Infosys Finacle also launched a pilot trade finance network for banks to trial the Finacle Trade Connect solution. 11 banks have partnered with Infosys Finacle to be on the network.
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