South Korea trade giant POSCO puts receivables onchain in tokenization test with LG
POSCO International said the test uses real trade data and could shorten payment settlement while giving banks a shared record of receivables.
- POSCO International has begun tokenizing trade receivables on the Injective blockchain in a pilot with technology partner LG CNS, aiming to streamline commercial payments between its global subsidiaries.
- Current trade finance processes require buyers, sellers, and banks to track invoices separately across independent systems, often delaying cash release by days before settlement.
- Using real trade data rather than simulations, the pilot validates AI-based document processing and compliance rules. "This PoC is significant in that it validated the applicability of AI and blockchain technology based on real trade data and processes," a POSCO International spokesperson said.
- The test successfully completed a transfer in about seven minutes, focusing on business processes between approved parties rather than public trading. The companies have not yet disclosed processing savings or opened the system to outside investors.
- POSCO plans to consider live production later this year as the tokenized asset market grows rapidly. Citi estimates the market could reach $5.5 trillion by 2030, positioning trade finance as a key use case.
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South Korea Giants LG CNS and POSCO International Deploy Live Trade Data on Injective Blockchain - Invest In Crypto News
Key Takeaways POSCO and LG CNS are tokenizing live receivables across 80+ global branches on Injective.Enterprise tokenization expands into global trade, building on $3T+ processed via JPMorgan’s Kinexys.POSCO plans to finalize its pilot framework in H2 2026 for a phased rollout across global operations. Overcoming Legacy Trade Bottlenecks POSCO International and LG CNS have launched a pilot to tokenize live trade receivables on the Injective bl…
South Korea Giants LG CNS and POSCO International Deploy Live Trade Data on Injective Blockchain
POSCO International and LG CNS have launched a pilot on the Injective blockchain to tokenize real trade accounts receivable using live data from overseas subsidiaries. Overcoming Legacy Trade Bottlenecks POSCO International and LG CNS have launched a pilot to tokenize live trade receivables on the Injective blockchain, marking one of South Korea’s most advanced real‑world […]
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Tron Weekly JournalPOSCO and LG CNS Bring Real Trade Assets On-chain Through Injective
POSCO International, LG CNS, and Injective have launched a blockchain proof of concept to tokenize real trade receivables from global commerce. The initiative aims to modernize trade finance by improving transparency, settlement efficiency, and asset management through blockchain infrastructure and...
POSCO Puts Live Trade Receivables Onchain With Injective
POSCO International has placed receivables from real commercial transactions onto a blockchain in a proof-of-concept system built with LG CNS and the Injective network. The South Korean trading company’s pilot uses live trade data from its overseas subsidiaries rather than simulated invoices, CoinDesk reported on July 26, 2026. Live Receivables Replace Test Data The proof of concept covers issuance, transfer, and settlement of trade receivables …
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