TLDR: XDC Network signed MoU with Murundi Group to deploy blockchain solutions for India-Australia trade corridor.  The XDC Trade dApp will launch Q1 2026 pilotTLDR: XDC Network signed MoU with Murundi Group to deploy blockchain solutions for India-Australia trade corridor.  The XDC Trade dApp will launch Q1 2026 pilot

XDC Network Partners with Murundi Group to Digitize India-Australia Trade Corridor

3 min read

TLDR:

  • XDC Network signed MoU with Murundi Group to deploy blockchain solutions for India-Australia trade corridor. 
  • The XDC Trade dApp will launch Q1 2026 pilot program focusing on rice and coffee bean trade documentation. 
  • Partnership addresses paper-based inefficiencies and limited finance access through MLETR-compliant platform. 
  • Phase 2 expansion will extend blockchain trade solutions to Murundi Group corridors in Americas and Europe.

XDC Network has signed a strategic partnership with Murundi Group Pty Ltd to revolutionize global trade through blockchain technology. 

The collaboration brings together XDC Australia and XDC Labs India to deploy supply chain traceability solutions and digital trade documentation. 

This initiative targets the India-Australia trade corridor with plans to expand globally across multiple regions.

Blockchain Infrastructure for Cross-Border Trade

The partnership leverages XDC Network’s hybrid blockchain infrastructure to address critical inefficiencies in international commerce. 

According to XDC Network, the platform tackles “paper-based inefficiencies, opaque provenance, delayed settlements, and limited access to finance” that plague international trade. 

The network’s enterprise-grade platform offers EVM compatibility while maintaining low costs and high transaction speeds.

XDC Network described its infrastructure as “hybrid blockchain infrastructure, enterprise-grade, EVM-compatible, low-cost, and high-speed” in its official announcement. 

The collaboration includes support from XDC Innovation Labs alongside Melbourne-based Murundi Group. 

This international effort aims to create transparent and efficient trade pathways between the two nations.

The timing aligns with growing economic ties between India and Australia. The Australia-India Economic Cooperation and Trade Agreement has strengthened bilateral relations. 

Additionally, the recent Mutual Recognition Arrangement for organic products creates favorable conditions for enhanced trade flows.

Pilot Program and Expansion Strategy

The XDC Trade dApp forms the central component of this transformation initiative. XDC Network stated the application “serves as the core engine for transforming trade processes via MLETR-compliant digital trade documents and matching Trade Funding.” 

The platform also facilitates trade funding matches to improve liquidity for market participants.

Phase 1 launches in Q1 2026 with a pilot program focusing on specific commodities. The initial deployment covers established India-Australia trade flows for rice and coffee beans. 

This targeted approach allows the teams to refine processes before scaling operations.

Successful completion of the pilot triggers Phase 2 expansion into new markets. Murundi Group plans to extend the platform across its emerging corridors in the Americas and Europe. 

XDC Network emphasized the initiative creates “a seamless, global blockchain ecosystem that maximises trade volume, liquidity, and efficiency.” 

The collaboration between XDC Australia, XDC Labs India, XDC Innovation Labs, and Murundi Group represents a coordinated effort to modernize trade infrastructure through practical blockchain applications.

The post XDC Network Partners with Murundi Group to Digitize India-Australia Trade Corridor appeared first on Blockonomi.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million

Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million

The post Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million appeared on BitcoinEthereumNews.com. The two giant BTC holders, Strategy and Metaplanet, have stirred the waters despite the FUD in the Bitcoin market by acquiring a total of 6,269 Bitcoins. According to reports, Strategy has acquired 850 BTC while Metaplanet has acquired a bumper 5,419 tokens. Michael Saylor’s Strategy, the world’s largest corporate Bitcoin holder, purchased BTC worth $99.7 million at $117,344 per Bitcoin. This has brought its total Bitcoin holdings to 639,835 BTC, acquired for about $47.3 billion at $73,971 per Bitcoin. JUST IN: Strategy buys 850 BTC for $99.7M at $117,344 per BTC. Now holds 639,835 $BTCTotal spent: $47.33B Avg cost: $73,971 per BTCYTD BTC yield: 26.0% https://t.co/7iv2difHzR pic.twitter.com/O8WfDpJDxQ — Cryptopolitan (@CPOfficialtx) September 22, 2025 On the other hand, as reported by Cryptopolitan, Metaplanet purchased BTC worth $632.53 million at an average price of roughly $116,724 per Bitcoin. This has brought its total BTC holdings to 25,555 BTC, which was acquired for approximately $2.7 billion and purchased at an average price of $106,065 per BTC. Strategy slows down BTC purchase while Metaplanet adds speed The US company’s most recent Bitcoin purchase is in line with a recent trend of small purchases, showing a slowdown compared to the big purchases seen earlier this year. Strategy bought 3330 Bitcoin in September, which is a big drop from the 7,714 BTC it bought in August and a 75% drop from the 31,466 BTC it bought in July. In line with Bitcoin, Strategy’s stock has dropped about 2% in the last 30 days. Starting in 2020, the company put most of its money into Bitcoin. It used a mix of debt and stock to buy huge amounts of BTC, which turned the business intelligence software company into a Bitcoin giant. Still, the stock has gone up 2,200% since it started buying BTC. On the other hand,…
Share
BitcoinEthereumNews2025/09/22 22:54
Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

TLDR Payward, Kraken’s parent company, earned $2.2 billion in 2025, a 33% increase from 2024’s $1.6 billion Trading revenue and asset-based services each contributed
Share
Blockonomi2026/02/04 20:11
Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

TLDR Revenue hit $12.7 billion, crushing $10.42 billion estimate and up 123.4% year-over-year EPS of $0.69 beat consensus $0.49 by 40.8% in fiscal Q2 Q3 guidance
Share
Blockonomi2026/02/04 20:36