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What is blockchain and what can it do? - World Economic Forum
WebJun 1, 2024 · Blockchain is used in many types of financial applications. Trade finance, for example, "is riddled with multiple steps and concurrent processes that can dramatically elongate transaction timelines," Agarwal explained. With blockchain, he added, the entire process is "simplified with a bidirectional data flow. This streamlines the trade finance ... WebNov 17, 2024 · 2.1 The blockchain technology. As defined by Crosby et al. [] a blockchain can be conceptualized as a shared and decentralized ledger of transactions.This chain … lauderhill online permitting
BMW Group uses Blockchain to drive supply chain transparency
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