BEAMSTART Logo

HomeNews

How XDC Network is leveraging blockchain tech to reduce costs and processing times in trade finance

Economic Times LogoEconomic Times3d ago

How XDC Network is leveraging blockchain tech to reduce costs and processing times in trade finance - Economic Times

Quick Summary:

Atul Khekade and Ritesh Kakkad established XDC Network to address inefficiencies in global trade and finance.

The platform uses a hybrid blockchain to balance transparency and confidentiality, benefiting SMEs by streamlining trade finance processes through asset tokenisation.

RK: Smart contracts on the XDC Network significantly enhance security in trade finance, providing much-needed safeguards for Small and Medium Enterprises (SMEs).

More Pictures

How XDC Network is leveraging blockchain tech to reduce costs and processing times in trade finance - Economic Times (Picture 1)

or

Article Details

Author / Journalist: ET Online

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 11:16:10 (3 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 2499 words

Reading Time: 14 minutes read

Sentences: 96 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 27960204

View Article Analysis

About Economic Times

Economic Times Logo

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 2 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "How XDC Network is leveraging blockchain tech to reduce costs and processing times in trade finance" has 2499 words across 96 sentences, which will take approximately 11 - 21 minutes for the average person to read.

Which news outlet covered this story?

The story "How XDC Network is leveraging blockchain tech to reduce costs and processing times in trade finance" was covered 3 days ago by Economic Times, a news publisher based in India.

How trustworthy is 'Economic Times' news outlet?

Economic Times is a fully independent (privately-owned) news outlet established in 1961 that covers mostly business news.

The outlet is headquartered in India and publishes an average of 2 news stories per day.

It's most recent story was published 3 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27960204
  • URL: https://beamstart.com/news/how-xdc-network-is-leveraging-17448701116786

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.