Prudential Singapore (Prudential) and StarHub have joined forces to launch a digital trade platform for Small and Medium-sized Enterprises (SMEs) utilizing blockchain technology. The platform that goes by the name of Fasttrack Trade (FTT) will allow SMEs to find business partners and distributors, buy and sell goods, track shipments, receive and make payments, access financing and buy insurance.
FTT is being developed by fintech startup Cites Gestion with funding from Prudential.
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