POSCO International pilots tokenized trade receivables on Avalanche
POSCO International, Korea's largest steelmaker and a supplier to automakers and electronics firms including Hyundai, Samsung, Kia, Toyota, GM, and Ford, has brought global trade on-chain on Avalanche with Intain and Olea. A joint announcement from the Avalanche team positioned the network as infrastructure for tokenized trade finance and settlement.
Sources
- RT @CoinMarketCap: LATEST: ⚡ South Korea's POSCO International completed a pilot tokenizing trade receivables on an Avalanche-based network…x.com ↗
- BREAKING: Korea’s largest steelmaker, POSCO, is bringing global trade on-chain, on Avalanche POSCO International supplies some of the world’s largest companies, including Hyundai, Samsung, Kia, Toyota, GM, Ford, LG and more. Together with Intain and Olea, POSCO is harnessing https://t.co/vwlm1KrNVhx.com ↗
- Read more: https://t.co/mkkqBIyfhV Replying to their earlier post: BREAKING: Korea’s largest steelmaker, POSCO, is bringing global trade on-chain, on Avalanche POSCO International supplies some of the world’s largest companies, including Hyundai, Samsung, Kia, Toyot…x.com ↗
- RT @intainft: POSCO Intl, SC Ventures backed Olea and Intain Complete Landmark On-Chain Trade Finance Transaction -executed on @avax, trans…x.com ↗