Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance

IT firm Mphasis, which is owned by private equity multinational Blackstone, has partnered with blockchain tech firm Bitfury with the aim of disrupting trade finance.

The firms say they will bring new transparency and efficiency to settlement, foreign exchange and financing processes using automation and “new forms of tokenization,” according to an announcement Tuesday.

Read more on Coindesk.com

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