South Korea trading giant puts receivables onchain in tokenization test with LG CNS

CoinDesk·

South Korea trading giant puts receivables onchain in tokenization test with LG CNS

60-second summary

POSCO International and LG CNS are leveraging the Injective network to tokenize live commercial invoices, marking a significant step towards integrating blockchain technology in corporate finance. This pilot project represents another instance of major corporations adopting blockchain rails for financial operations, further solidifying the technology's presence in the industry, potentially paving the way for increased adoption across various sectors.

POSCO International and LG CNS is tapping Injective network to tokenize live commercial invoices, another sign blockchain rails are moving deeper into corporate finance.