Blockchain and Financial Inclusion: David and Goliath
In this episode of Rhetoriq podcast focused on Blockchain and Financial Inclusion, Arun and Efi speak to David Henderson, Co-Founder and CFO at Sweetbridge. David talks about how at Sweetbridge, they are taking on the monster challenge of adding efficiencies to trade finance using Blockchain technology. Blockchain technology can be used to provide trade finance for merchants across the world.
Assets on the Blockchain can provide an easy way to collateralised financing for an otherwise inefficient value chain. He shares insights on how small and medium enterprises across the world are currently struggling to receive trade finance, and ways in which Blockchain can help the status quo. Hear from David on his experience with merchants from Vietnam to Venezuela, and his views on money laundering using this technology.
During the conversation with us, David shares how Blockchain enabled businesses evolve from being brittle, inflexible Industrial-era economies to new, flexible digital-era economies through gradual transformation with minimal disruption.