BlockApps’ STRATO platform is the blockchain solution that enables a global ecosystem of businesses, partners and competitors to transact and collaborate seamlessly across life science industry verticals.
80-90% of global trade relies on trade finance, yet there is a $1.5 trillion supply-demand gap.
This is due to various complexities in the process, such as its sprawl across multiple borders and jurisdictions and its antiquated paper-based tracking system.
The value chain of bank’s record management system from origination to destruction, is mired in inefficiency and antiquation, while increasing regulation is placing growing pressure on financial service providers.
Regulatory bodies tend to be siloed and part of a complex value chain responsible for a prolific amount of work. These conditions inherently create opacity and inefficiency, with a dangerous ripple effect.
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