Recently, with an agenda to digitalize the process of Export Letter of Credit which is presently being taken care of manually and by email utilizing paper records and PDF documents, the technology group Wärtsilä has taken part in the innovative co-creation project. With the aforesaid co-operation, it can be clearly stated that these manual documents can be easily replaced with the safe, secure, and regulated data sets that allow automated processing. This is viewed as an advancement accomplishment. Earlier, Tradeteq signed a deal with Microsoft to automate trade finance.
Read more:- https://www.emeriobanque.com/news/wartsila-participates-in-paperless-trade-finance-experiment
