Distributed Ledger Technology
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Leading the Development of International Rules for the Digital Economy
On April 27, the National Internet Information Office released the “China Network Rule of Law Development Report (2024)”, the first comprehensive annual report on network rule of law at the national department level. This report serves as a continuation of the “30 Years of China’s Network Rule of Law” report and marks the beginning of… Read more
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Driving the Future of Trade Finance: How Digital Standards are Paving the Way for Paperless Trade
At Sibos 2024 in Beijing, industry leaders convened to discuss the accelerating digitalisation of global trade. A notable session featured Ben Arber, CEO of Complidata, in conversation with Pamela Mar, Managing Director of the Digital Standards Initiative (DSI) at the International Chamber of Commerce (ICC). Their discussion centered on the transition to paperless trade finance… Read more
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Cross-border Multimodal Digital Corridors for Regulatory-related Movements of Consignment Data and Consignment Status Information
This white paper has been created under the purview of the UN/CEFACT cross-border management domain and focuses on improving the cross-border flow of all types of freight consignments by applying digital solutions. A digital corridor is an electronic platform that connects multiple trade ecosystems (e.g. air/ocean/land community systems or single window systems) to share the… Read more
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The Potential for EBSI to be Implemented as a Verifiable, Cross-Border Credentialing Framework within Canada
Watch this interview with Prof. Alex Grech from 3CL Foundation to delve deeper into EBSI-CAN and their nine-month journey with the NGI Sargasso funding program, and learn about their valuable experiences and insights. In the Transatlantic project, the 3CL Foundation, EBSI, and Verifiable Credentialing in Canada are investigating the potential for EBSI to be implemented… Read more
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Digital Securities Sandbox (DSS)
The Digital Securities Sandbox (DSS) facilitates the use of developing technology such as distributed ledgers in the issuance, trading and settlement of securities in the UK. The DSS is a regulated live environment that has been created to explore how developing technologies could be used by firms to undertake the activities of notary, maintenance and settlement for financial securities either… Read more
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White Paper Cross-Border Multimodal Digital Corridors for Regulatory-Related Movements of Consignment Data and Consignment Status Information for Trade Facilitation
This white paper has been created under the purview of the UN/CEFACT cross-border management domain and focuses on improving the cross-border flow of all types of freight consignments by applying digital solutions. A digital corridor is an electronic platform that connects multiple trade ecosystems (e.g. air/ocean/land community systems or single window systems) to share the… Read more
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This pioneering document, commissioned with the primary objective of ensuring that blockchain systems align with and promote European values, marks a pivotal moment in the realm of blockchain technology and its ethical implications within the EU framework. It represents a dedicated year-long collaborative effort by a panel comprising ten distinguished blockchain experts. The guidelines comprehensively address… Read more
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The Digital Standards Initiative (DSI) of the International Chamber of Commerce (ICC) is on a mission to digitalise global trade by addressing some of the biggest challenges facing governments, businesses and people today. Among the four challenges1we have identified, perhaps the steepest one is around standards for interoperability. With hundreds of electronic and digital standards… Read more
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The e-book provides an in-depth look at the evolving digitalization in trade finance. It discusses how digital solutions are transforming traditional trade processes, improving efficiency, transparency, and security. Key technologies covered include blockchain, artificial intelligence, and electronic documentation, which help streamline operations like payments and risk management. The guide also explores the benefits of adopting… Read more
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Tokenisation is often touted to unlock vast potential, particularly in markets plagued by inefficiency and illiquidity. There is a market consensus forming that investors are drawn to adopt tokenised assets due to reduced transaction costs and enhanced liquidity. For institutions on the supply side, the allure seems to lie in accessing new capital, boosting liquidity,… Read more