Contour Completes Blockchain Transaction | PYMNTS.com

Decentralized digital finance trade platform Contour has completed a pilot blockchain transaction between textile companies Tainan Spinning and Century Synthetic Fiber Corporation in Vietnam, according to a press release.

The release also stated the transaction showcases the business growth in Vietnam and Taiwan.

“As the world adapts to social distancing and post-COVID life, traditional methods of doing business will quickly be incompatible,” said Contour CEO Carl Wegner, according to the release. “The inefficient paper-based processes which have plagued international trade for decades are not fit for purpose. Instead, the future of trade