Last week, the United Nations, in a monthly newsletter, listed Ant Financials’ blockchain as instrumental in helping fight the coronavirus pandemic. It also mentioned the digital money transfer M-Pesa, which is widely used in Africa.
The newsletter was published by the Task Force on Digital Financing of the Sustainable Development Goals.
The UN recognized the contribution of Ant Duo-Chain, a supply chain finance platform launched by Ant Financial early last year. Generally, after any supplier delivers goods, it has to wait for weeks before the invoice gets approved and payment is made.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
