RE: Inventory Finance piece4 Aug 2020 11:56
Frag. Lots of banks and finance houses already provide inventory financing. SYME are promising to offer an online app using blockchain and not finance the inventory themselves ie become a fin tech enabler of inventory financing matching up suppliers and finance providers.
It may work but what is to stop Amazon who know a thing or two about IT, logistics and have plenty of cash, people and resources copying the idea?