BRAC Bank completed Bangladesh’s first fully digital, end-to-end export documentary collection for a garment shipment to the UK, cutting document processing time from 40 days to one using blockchain technology and electronic trade documents.
The transaction involved NAZ Bangladesh, Matalan and Lloyds Bank, the bank said.BRAC Bank completed Bangladesh’s first fully digital, end-to-end export documentary collection for a garment shipment to the UK, cutting document processing time from 40 days to one using blockchain technology and electronic trade documents.
The transaction involved NAZ Bangladesh, Matalan and Lloyds Bank, the bank said.
