Reverse factoring has made it easy for many large organizations to provide financial assistance to their suppliers. However, this approach tends to be less effective in longer supply chains.
A possible solution can be found in the world of decentralized finance (DeFi), where the buyer’s payment guarantee can be recorded on a non-fungible token (NFT) that can be verified by every participant in the chain.
These factors offer a robust, highly scalable and extremely cost-effective means of value transfer
Jose Neif, BCB Labs
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