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Key Trade Tech Trends for 2024

Key Trade Tech Trends for 2024

(23 January 2024 – Singapore) The convergence of technology and trade finance is set to redefine how importers and exporters conduct business in 2024 and beyond.

Vayana highlights three key trends including the continued surge in digital lending, the commercialisation of Central Bank Digital Currencies (CBDCs) with ongoing currency pilots and transformative potential of tokenisation.

“In the coming year, the intertwining of finance and technology brings about tangible shifts in how we approach financial services. Digital lending, CBDCs and tokenisation will play pivotal roles, offering down-to-earth changes in efficiency and accessibility.”

“As we learn more about these trends, the focus is on practical advancements that reshape financial practices and offer concrete opportunities for inclusivity in trade finance.”

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