Vodafone, Chainlink Show Blockchain Can Support Global Trade Processes

in cci •  last year 

Vodafone's Digital Asset Broker (DAB) has demonstrated blockchain can be used for trade, according to a Tuesday announcement.
The telecom giant ran a proof of concept on trade document transfer with Web3 services platform Chainlink Labs, Sumitomo Corporation and InnoWave to address "longstanding challenges in the $32 trillion global trade ecosystem," according to the announcement.

The proof of concept enabled devices to act autonomously and produce information that could be translated by a computer to support trade processes. The companies used Chainlink's cross-chain interoperability protocol (CCIP) to provide security and interoperability as data and tokens were shared across public and private blockchains.

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HI @bafiti

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