POSCO International, LG CNS test trade finance digitization using Injective

POSCO International announced it has begun a proof of concept with LG CNS to digitize global trade finance operations using the Injective (INJ) network. The two companies are using real trade data to implement the full process on blockchain, from receivables issuance to settlement, to verify efficiency, and they plan to complete the pilot by the end of this year before expanding its application to actual business systems.