Vodafone’s Digital Asset Broker (DAB) has partnered with Sumitomo Corporation, Chainlink Labs, and InnoWave to address challenges in the global trade ecosystem.
- The collaboration used Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with DAB to provide security and interoperability across IoT devices at the edge of a network.
- The companies demonstrated the first step in how trading companies could avoid unnecessary delays in moving cargo by seamlessly transferring a digital bill of lading between multiple parties across several different blockchains.
- Vodafone DAB has also joined the Chainlink Network as a node operator to help enterprises and businesses develop and deploy smart contracts.
- Chainlink is the industry-standard decentralized computing platform powering the verifiable web.