Singapore-Vietnam Pilot Tests Digital Credentials to Speed Up Letter of Credit Checks
Cross-border trade finance can still slow to the speed of phone calls and paperwork. Vietnam’s PILA and Singapore-listed TOTM Technologies want to test whether verifiable digital credentials can cut that friction. TOTM said the companies signed a non-binding, non-exclusive memorandum of understanding on Aug. 13 to develop a proof of concept for verifying letters of…
