The "Global Trade Finance Gap" is officially estimated at $2.5 trillion, but unmet financing needs of exporters and importers are hard to measure.
Gap studies typically use rejected applications, but roughly half of all rejections may concern non-creditworthy applicants.
The unmet demand however may not be the demand in rejection data but the demand that never materialises at all.
“If you’ve been rejected once, you may not come back to the banks anymore,” says Marc Auboin, Head of Trade Finance Research at the World Trade Organization.
In this scene a new option is rising: #Bitcredit Protocol facilitates direct trade finance between exporters and importers on decentralised #Bitcoin rails.
For the global production sector the new method promises relief against the increasingly dysfunction of traditional banking caused by geopolitical tensions, political interventionism and fiat system centralisation.
Gap studies typically use rejected applications, but roughly half of all rejections may concern non-creditworthy applicants.
The unmet demand however may not be the demand in rejection data but the demand that never materialises at all.
“If you’ve been rejected once, you may not come back to the banks anymore,” says Marc Auboin, Head of Trade Finance Research at the World Trade Organization.
In this scene a new option is rising: #Bitcredit Protocol facilitates direct trade finance between exporters and importers on decentralised #Bitcoin rails.
For the global production sector the new method promises relief against the increasingly dysfunction of traditional banking caused by geopolitical tensions, political interventionism and fiat system centralisation.
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