Popular E-commerce firm Infibeam collabs with Primechain technologies aiming to start a global invoicing of trade and finance by using blockchain. The integration of Blockchain will ensure a real-time record of domestic and international transactions. With this team-up the the E-commerce front is eyeing to knock into a $12 trillion of trade finance at a global scale.

Infibeam Avenues will make use of the Primechain API & technology stack for implementing blockchain. The blockchain will run on Linux One platform and Data Center Infrastructure of Infibeam. This platform can handle multiple blockchain fronts such as Hyper Ledger, Multichain etc. Besides Linux One has a great speed and significant encryption capability. The firm believes that implementation of blockchain will minimize fraud in business, record real-time information and propose more profit. These benefits will spread across various domains of business such as import-export, banking,insurance etc.

Though Primechain is dubbed to be a start-up it has a good reputation in the blockchain domain. It began in 2016 and controls the BankChain community of private sector banks. It is an alliance of banks to experiment and implement blockchain-based solutions. Now that Infibeam Collabs with Primechain, time will tell whether the firm will conquer the $12 trillion trade finance market.