This article provides an overview of:

  • The importance of trade finance to international supply chains and how it works
  • Why the sector in its traditional form is failing shippers in many parts of the world
  • The opportunities this has provided for innovators and new technologies
  • Some of the market entrants which are developing new trade finance products and platforms
  • Blockchain and the role of ‘smart contracts’
  • Opportunities for freight forwarders in their role as supply chain intermediaries