Japan fintech Vlightup launches trade finance platform built on XRP Ledger. XRPL escrow enables automated settlement of letter of credit payments in trade finance. Payments can be settled within seconds once documents and conditions are verified. A Japanese fintech company has launched a new trade payment platform built on the XRP Ledger (XRPL), aiming to streamline international trade settlements and reduce delays in traditional letter of credit transactions. Tokyo-based Vlightup Inc., led by CEO Yoshio Minamoto, announced the launch of its next-generation global trade finance platform on March 4. The system uses blockchain technology to automate settlement processes between importers, exporters, and banks. “We have officially launched a next-generation trade finance global payment platform based on the XRP Ledger,” he said. The platform is designed to a… Read The Full Article Japan Fintech Launches XRP Ledger Platform to Digitize Global Trade Finance On Coin Edition .