Commonwealth Union’s CWU Unveils Solana-Based Blockchain Network Across 56 Nations
The announcement says the Solana-based blockchain network aims to serve 2.9 billion people and target 150 million small and medium-sized enterprises with trade, finance, and cross-border use cases.
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Summary
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Terms & Concepts
Solana-based blockchain network: A blockchain system built on Solana, a network designed for fast and relatively low-cost transactions.
Cross-border utility: Blockchain-enabled services used across different countries, such as payments, trade settlement, or financial transfers.
SMEs: Small and medium-sized enterprises, a business segment often targeted for trade finance and payment services.