#TradeFiRevolution TradeFi refers to the application of financial technology (Fintech) and artificial intelligence (AI) to transform traditional trade finance, which includes processes such as letters of credit, export insurance and factoring, facilitating global commerce and trade. TradeFi uses technologies such as blockchain, AI and cloud computing to make trade finance more transparent, secure, interoperable and efficient. TradeFi benefits include faster trade transactions, reduced working capital requirements, reduced costs through automation, improved risk management through AI-based forecasting and model analysis, and improved traceability and transparency through distributed ledgers.
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