Project & Initiative - Brazil's DREX initiative's second phase involves Chainlink, Banco Inter, Microsoft, and 7COMm [1] - The initiative uses Chainlink CCIP to connect Brazil's CBDC with a foreign central bank [1] Technology & Solution - Chainlink powers a cross-border trade finance solution [1] - The solution enables tokenized settlement of agricultural exports across currencies and platforms [1] Application - The solution triggers payments via supply chain data [1]

Financial Agreement - Standard Chartered Bank Kenya secured a $100 million deal with British International Investment [1] Target Beneficiaries - The funding aims to support trade finance and working capital for micro, small, and medium-sized enterprises (MSMEs) [1]

Blockchain Adoption - Major banks and governments are embracing blockchain technology for trade finance [1] - XDC Network facilitates tokenized and transparent transactions [1] Market Opportunity - Blockchain adoption in trade finance could unlock trillions of dollars in global trade [1]