ASB Bank in New Zealand has backed blockchain start-up TradeWindow, which digitises international trade documents, as part of its moves to tackle fraud and cybersecurity threats. Meanwhile TradeWindow is to buy digital documentation producer Prodoc, which already digitises more than 60% of New Zealand’s export documentation. It also plans to acquire Independent Verification Services, which organises forestry and horticultural sector certifications.
ASB Bank in New Zealand has backed blockchain start-up TradeWindow, which digitises international trade documents, as part of its moves to tackle fraud and cybersecurity threats. Meanwhile TradeWindow is to buy digital documentation producer Prodoc, which already digitises 60% of New Zealand’s export documentation. It also plans to acquire Independent Verification Services, which organises forestry and horticultural sector certifications.