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Blockchain to open new doors for SME funding


The most recent report published by Dubai Multi Commodities Centre (DMCC) revealed that blockchain or digital currency will be the next big wave bridging the gap for trade between countries.

Small and Medium Enterprises (SMEs) have particularly found it difficult over the years to access capital from banks in order to realize or grow their business operations – and blockchain technology is anticipated to help in resolving this gap.

Asia and Africa are taking the lead to become the next global superpowers when it comes to trade – looking at their low production costs and increasing openness to deal with other countries.

Yusuf Stapic, Mojo PR

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