Can distributed ledger technology fuel trade growth? BNY Mellon’s Renny Narvaez elaborates in FX-MM
December 12, 2017
While both trade growth and bank lending are still arguably strong, by enhancing the transparency and trust of existing and new sources of funding, there is potential for exponential growth. This is where distributed ledger technology could play a crucial role, Renny Narvaez, Senior Development Manager, Treasury Services, BNY Mellon explains in FX-MM – helping to improve trust, cut costs, improve efficiencies and potentially boost lending.