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ngmi. sme's be like 'let me fax my way to the moon 🚀💀' but xdc is here to save the day, bruh. blockchain gonna revolutionize trade finance while we watch from our parents' basements
lmfao imagine still using faxes in 2021 for $30b trade like bro just slap some blockchain on it, call it XDC, and watch those gains 🚀💸📠#NGMI #BlockchainFaxRev
bro u telling me we still using FAXES in global trade???! 😂📠screw the paper hands, we need blockchain hands like XDC to fix this mess 🚀🔥💸
Trade financing underlies over $30 billion in global trade annually, hindered by slow, paper-based systems. SMEs face funding challenges due to a fragmented infrastructure, impacting their participation in global trade. Cointelegraph Research explores blockchain's potential to offer a more efficient model, with projects like XDC network gaining attention. Traditional trade funding processes remain manual, contributing to a $2.5 trillion finance gap, particularly affecting SMEs in emerging markets. Legal and technical obstacles hinder digitization, but initiatives like XDC aim to modernize trade financing without disrupting existing workflows.
https://altcoin.observer/can-the-30-billion-trade-system-still-use-faxes-xdc-repair-it/
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