Coming Soon: A Blockchain Solution That Will Redefine Trade Finance
Updated: Oct 15, 2019
For most of this year, we have been working hard on transforming our vision into reality. It has been quite an adventure where we have learned and conquered many objectives.
This year, we first started materializing our goals by growing the ConsolFreight team and setting up our headquarters in the beautiful city of Barcelona.
Adding to that, we have been extremely fortunate in having the opportunity of connecting and collaborating with many talented professionals in the logistics and supply chain industry. From participating in various conferences including X2 Logistic Networks 6th Conference, Sil Barcelona Expo, Transport Logistics 2019 and Exclusive Air Network, to launching our e-Forwarder product that provides new collaboration options and possibilities for creating new streams of income for freight forwarders.
We're proud to say that we have seen our effort flourish. What once seemed like a very ambitious plan, today is an amazing reality that we continue to build on.
And in following the pursuit of our objectives, we have actively been focused and driven to create something that we believe will completely change the way the logistics sector operates.
"The line separating trade finance and logistics has been drawn by financial institutions leaving an untapped market of unfulfilled demand valued at $1.6 trillion where SMEs account for 74% of all those rejections," says ConsolFreight's CEO, Ernesto Vila.
At the end of this month, we will be unveiling Trade Forward, our new Blockchain-powered solution for Trade Finance at the IoT Solutions World Congress in Barcelona.
By adding blockchain technology to the logistics chain, we aim to provide a complete transformation of the sector as we know it. Ernesto Vila adds: "We are living an extraordinary moment because for the very first time we have the technology we need to be the catalyst for the much-needed transformation in logistics and trade finance."
Now, we don't want to leave you hanging and waiting until the day of the presentation. If you want to know more and become part of our Early Adopter Program, sign up here now! → https://www.tradeforward.org/