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Blockchain-based fintech company prepares to enter $500B freight settlement market

Published 11/29/2022, 06:00 AM
Updated 11/29/2022, 07:40 AM
Blockchain-based fintech company prepares to enter $500B freight settlement market

The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on a Thanksgiving meal in November 2022, and only 25% could afford $100.

However, few recognize inflation is only part of the problem. Higher costs for products and services are also directly attributable to settlement fees paid by transportation providers who are forced to take out the equivalent of payday loans against their freight invoices.

Material is provided in partnership with TCS

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