Creating a Prototype of Automated Factoring Process Management

July 4, 2019

In The Bank of Lithuania’s blockchain-based LBChain Systems integration solutions, UAB is testing SmartContract prototype for factoring process management, linking buyer, a seller, factoring companies and banking systems a single process. In the future, it is planned to connect the EU standards (Building Blocks), eDelivery and eInvoicing.

More: https://www.lb.lt/en/news/lbchain-project-six-financial-products-already-being-tested

Back to all News
Introduction
Latest updates
Products
Legal
©2001-2021 Systems integration solutions