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South Korea trade giant POSCO puts receivables onchain in tokenization test with LG
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Fusion42 · 27 July 2026 · Fusion42 review
POSCO International and LG CNS have tokenized live commercial invoices on the Injective blockchain in a trade finance proof-of-concept, demonstrating blockchain infrastructure moving into corporate receivables management at scale.
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◆ ◆ The Wire takeaway
If you build trade finance or supply chain lending, a major conglomerate just proved receivables can move onchain without banks. The next question isn't whether it works—it's who owns the customer relationship when settlement happens in hours instead of weeks.
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