POSCO International, a major South Korean trading company, is piloting the tokenization of trade receivables on the Injective blockchain. This initiative, in collaboration with LG CNS, aims to expedite commercial payments across its global subsidiaries. The trial utilizes actual accounts receivable generated from real trade transactions between POSCO International's overseas operations and its counterparties. AI
IMPACT This pilot could streamline cross-border B2B payments and improve liquidity for trade finance.
RANK_REASON Pilot of a blockchain-based financial product by a large trading company.
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