Vodafone, Chainlink Show Blockchain Can Support Global Trade Processes
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.
HI @bafiti
hope you doing well. We have some restrictive rules on our Steemit platform. You must follow those rules. Copying this post of yours from somewhere else is a violation of our Steemit platform rules. To be a real blogger you must use your creativity. Your content is totally copied from another source. You have to mention or give the link from where you copied content. Otherwise, it will be considered as plagiarism. Also you only can 25% (of course have to mention the source ) of the rewritten article from somewhere else and the remaining 75% have to write on your own. Hope you will try to follow our Steemits rules from now on.
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