- Global Reserve Platform offers ‘Banking-in-a-Box’ web-based technology
- Capability to provide a wide range of financial product solutions
- Strategic focus on freight forwarding and shipping
In the 16th century, the Belgian city of Antwerp, enthused by the entrepreneurial spirit of its burghers, became ‘the center of the entire international economy’. That innovative force made the city the diamond capital of the globe and the location of the world’s oldest stock exchange building, which is in operation to this day. The port of Antwerp, one of the largest in the world, is testing a blockchain system designed to make the handling of containers more efficient and secure. Developments like these herald the ‘rise of the smart port’, according to one commentator (http://cnw.fm/Mn4Dd), for it shows the immense potential of fintech and blockchain to streamline the multitude of processes involved in shipping freight. Reducing the frictions encountered in logistics, shipping and freight forwarding is a major goal of Global Payout Inc. (OTC: GOHE), as well. The company has established a division to provide fintech services to underserved supply chain entities. Through it, Global Payout offers freight forwarders, government contractors, motor carriers, customs brokers, and third party logistic providers online access to funds for working capital.
Global Payout has already made its mark in the fintech industry. Its menu of offerings ranges over a variety of state-of-the-art software solutions aimed at companies involved in processing money remittances, wire transfers, bill payments, business-to-business payments, currency exchange, e-wallet payments and other types of financial transactions. Fortified by a collaboration with…
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