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Advocating a sustainable environment with modern technologies

Advocating a sustainable environment with modern technologies
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Will Asia be home to decentralized finance?

Will Asia be home to decentralized finance? By The region has 290 million unbanked, and only 18% have access to credit giving decentralized finance a large room of opportunity. De-Fi, an alternative banking intermediation system provides an array of opportunities including the ability to be truly financially inclusive, driving development, potentially lifting millions of Asian households. The digital storm coursing through all facets of modern life continues to make its mark especially with the exponential growth within the digital financial services sector. While the United States (US) is typically known to be a leader in digital technology, Asia is increasingly acknowledged to be an undeniable growing force, especially with its young and skilled workforce.

How digitalization averted cross-border trade disaster in Asia

How digitalization averted cross-border trade disaster in Asia By Cross-border trade has been a key driving force in the development of most of the world since the existence of the first civilizations. From the Silk Road that connected the East and West in ancient times to the goods we purchase online today, it has been essential to the growth of a multitude of civilizations, empires, and nations throughout the course of history. Decades back, countries in the European Union (EU) collaborated on facilitating cross-border economic activity with free trade agreements. However, the Asia Pacific region (APAC) had been a little on the laggardly side when it comes to improving its processes, laws, regulations, tariffs, and access to financing, especially in relation to global value chains.

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