POSCO International completes blockchain, AI trade finance PoC with LG CNS

Reuters2026/07/27 06:54

By:Reuters

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POSCO International completed a proof of concept with LG CNS for blockchain- and AI-based global trade finance operations.
Test used live transactions to share trade data across headquarters, overseas units, trading partners via a blockchain shared ledger to cut reconciliation risk.
Validated tokenization of trade accounts receivable as real-world assets on the Injective network, including permissioned controls with KYC/AML checks.
AI agent automated review of letters of credit, flagging errors earlier to reduce payment delays tied to document discrepancies.
Pilot rollout planning is set for the second half of this year, targeting areas with the largest efficiency gains.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POSCO Holdings Inc. published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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POSCO International completes blockchain, AI trade finance PoC with LG CNS

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