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How Digital Trade Documents Are Unlocking 5 Billion Dollars in Working Capital
Global trade finance runs on paper. A single cross-border transaction can generate 36 physical documents, from bills of lading to letters of credit, taking weeks to courier between banks, customs brokers, and freight forwarders. But a quiet regulatory shift in 2025 — the UK's Electronic Trade Documents Act and its adoption by Singapore, Japan, and now the UAE — is finally making digital documents legally equivalent to paper. Lucas and Luna unpack how this change could unlock an estimated $5 billion in trapped working capital globally, using the real example of a mid-sized Indian textile…
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