FinTech & Blockchain Connect event: Building Trust in Trade with Blockchain

Building trust in trade – why banks invest in blockchain

Join us to hear how the role of banks is changing and why they invest in blockchain. When ASB and the founders of TradeWindow successfully tested New Zealand’s first bank blockchain single trade window three years ago, they changed the game for one of the most paper-bound sectors on the planet, greatly easing the administrative burden for importing and exporting businesses.

The application of blockchain technology across the trade supply chain was a new solution for an age-old problem – building trust between all the parties who make trade happen. It allows all parties to the trade to access necessary documents for international business, such as bills of lading, commercial invoices, certificates of origin, health and insurance certificates and a host of other documents required by customs, shippers, insurance and finance partners. The blockchain layer facilitates this document exchange and provides the security and transparency that no other digital solution provides.

It also creates an untransmutable record of provenance which is invaluable to Kiwi businesses whose brand relies on New Zealand’s international brand reputation as a safe and sustainable source of produce.

Join us as we chat to Mike Atkins from ASB and AJ Smith from TradeWindow to find out:

Why did ASB seek out this blockchain-based solution?
How did the ASB and Trade Window partnership get started?
How is the partnership developing and what does the future hold?

Proudly Sponsored by:

ASB & Tradewindow