Blockchain Startup Claims to Have Processed $1B in Trade Finance

Singapore-based blockchain developer dltledgers, which combines blockchain with trade finance, claims to have seen over $1bn in deals over its platform in the past 18 months. The big recent customer is Agrocrop, which is now bringing 4,500 Australian food producers onto the platform, and has already processed 50 orders that amounted to some $100m, while at the sometime seeing its own costs reduced by 15-20%.