Trade finance modernized Trade finance is one area where both Trailblazers and other banks agree that an entirely new business model should emerge. Mired in complexity due to the number of parties, handoffs, paper documents and manual processes involved in even a single shipment, trade finance appears long due for an overhaul. Blockchains make it possible to reinvigorate this large global market. Bank-intermediated short-term trade finance alone has been estimated to be USD 6-8 trillion worldwide.2