POSCO International Completes the tokenization of trade financing, converting accounts receivable into digital assets on the blockchain
2026-08-26 04:15:37
According to CoinMeta, South Korea's largest trading company POSCO International has completed a trade financing tokenization transaction, converting trade accounts receivable into digital assets on the blockchain. This project was carried out in collaboration between POSCO International's US subsidiary, the trade financing platform Olea, and the asset finance technology company Intain. Intain utilized artificial intelligence to verify invoices, purchase orders, credit documents, and transportation papers, and recorded the accounts receivable on the Layer1 network based on Avalanche. Previously, POSCO International had conducted a similar pilot project with LG CNS on Injective.
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Source:CoinDesk
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