Question: ANSWER THE QUESTION IN RELATION TO BLOCKCHAIN PLEASE INCLUDE A LENGTHY RESPONSE. FOR FULL UNDERSTANDING 3. To understand the challenges in moving the traditional trade

ANSWER THE QUESTION IN RELATION TO BLOCKCHAIN PLEASE INCLUDE A LENGTHY RESPONSE. FOR FULL UNDERSTANDING

3. To understand the challenges in moving the traditional trade finance process to a blockchain-based systems:

a. How can all players (corporate clients, freight carriers, insurers, customers, etc. ) be moved t the blockchain-based trade ecosystem?

b. What should the governance mechanism be for driving the business to trade finance on a blockchain-based process in a robust manner while maintaining the integrity of the transactions?

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