U.S. SECRETARY OF COMMERCE APPOINTS NEW MEMBERS TO THE TRADE FINANCE ADVISORY COUNCIL

[peanut56]

R3 can mean xrp.

https://www.trade.gov/press/press-releases/2019/U.S. SECRETARY OF COMMERCE APPOINTS NEW MEMBERS TO THE TRADE FINANCE ADVISORY COUNCIL.asp

 

This was acquired from Bank XRP on twitter.

Edited March 14, 2019 by peanut56
Thanks to

[Chris_Reeves]

Two prominent figures for XRP adoption:

 

Anurag Bajaj, Regional Head Transaction Banking and Global Head Correspondent Banking, Standard Chartered (Current Ripple client)

Alisa DiCaprio, Head of Trade and Supply Chain Trade and Supply Chain, R3 (We all know this story)

Edited March 14, 2019 by Chris_Reeves

[Chris_Reeves]

Also, I don't see anyone from IBM's Hyperledger crew on this advisory council.....

[Chris_Reeves]

ABOUT THE DEPARTMENT OF COMMERCE TRADE FINANCE ADVISORY COUNCIL

The Department of Commerce Trade Finance Advisory Council (TFAC) was established in accordance with the provisions of the Federal Advisory Committee Act, as amended, 5 U.S.C. App., to advise the Secretary of Commerce in identifying effective ways to expand access to trade finance for U.S. exporters and their foreign buyers.

The TFAC's objectives are to:

- evaluate current credit conditions and specific financing challenges faced by U.S. exporters;

- identify emerging financing sources that would address these gaps;

- examine how new financial technologies and other innovations could impact the availability and affordability of trade finance solutions;

- highlight developments from international standard setting bodies that may affect the provision of trade finance; and

- address any other noteworthy issues raised by stakeholders represented by the membership or the public.

The TFAC is comprised of up to 25 private-sector individuals, appointed by the Secretary of Commerce to serve for a two-year term. TFAC members reflect a balanced cross-section of U.S. users and providers of trade finance, as well those from public policy organizations, economic development organizations, and academia