Back

Linklogis Partners with XRP Ledger to Enhance Supply Chain Finance

Lianyirong collaborates with XRPL to deploy its global digital supply chain finance application on the XRP Ledger, with plans to explore further blockchain-AI integration and stablecoin-based solutions.

XRP

Summary

Lianyirong, a Chinese fintech firm, has entered a strategic partnership with XRPL to deploy its global digital supply chain finance application on the XRP Ledger. This collaboration aims to support asset circulation and cross-border settlement, while exploring further cooperation in stablecoins, RWA-based asset trading, and blockchain-AI integration in trade finance.

Terms & Concepts
  • XRP Ledger: A decentralized blockchain network designed for fast and low-cost digital asset transactions, widely used for payments and financial applications.
  • Supply Chain Finance: A set of technology-driven financing solutions that optimize cash flow by allowing businesses to extend payment terms while suppliers get paid earlier.
  • Blockchain-AI Integration: The use of artificial intelligence technologies in conjunction with blockchain to enhance efficiency, security, and automation in various business processes, such as trade finance.