EEB's Technological Edge in High-Risk Environments
2 months ago
47
AI/Blockchain efficiency**: Their proprietary **Simplex platform** automates KYC, AML, and sanctions checks, processing instruments 60-70% faster than traditional banks—critical when sanctions lists evolve rapidly during conflicts .
- **RippleNet integration**: EEB uses **ODL (On-Demand Liquidity)** with XRP to bypass USD/EUR correspondence bottlenecks. This enables near-instant settlements in African/Asian corridors where Middle East disruptions cause dollar illiquidity .
- **API-driven workflows**: Real-time connectivity with shippers, insurers, and customs reduces document fraud risks exacerbated by war-related chaos .
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