Global commerce has been impacted tremendously by numerous, rapid technological advances. Thanks to the internet, the world is becoming united in ways that had previously been inconceivable. Indeed, the irony is that past debates focused on how tech growth could lead to more isolation, but in practice here in the 21st Century, we are seeing that’s not the case. Oil industry investor and global marketplace expert, Konstantinos Kazinakis, principal partner in United Bunkers Investors Corporation, has offered some thoughts on the way trade has changed in the world.
One of the most immediate improvements to global trade has been the increased level of collaboration that new technology has made available in all geographic areas. Within a company, employees can connect with their leaders and co-workers any time and from any place. It has helped to streamline project management efforts and made it possible to efficiently run a globe-spanning organization without losing significant time or money in overcoming the distances. Technology has made it possible for a business of any size to utilize the same tools of a corporation. Where once video conference meetings were only the providence of well-funded boardrooms, today any single entrepreneur can use Skype or GoToMeeting and facilitate worldwide communication.
Thanks to the emerging global economy made possible by new technology, businesses can address the market needs of the whole planet. With online retailers using personalized chopping carts, customer preferences and focused marketing campaigns to address local consumers, they can see a dramatic boom in business, explains Konstantinos Kazinakis. The valuable information being gathered on purchases can help to pinpoint localized trends and to keep manufacturing nimble and responsive. Payment processing companies have made exchange rate conversion and tax requirements almost invisible and reduced the merchant’s labor. On the consumer side, buyers can now more thoroughly research items of interest to find the best fit for their needs. United Bunkers Investors Corporation is supported by Financial Technology trade financing platform for a high technology solution to the global trade finance market, which is worth more than $ 4 Trillion US dollars a year, the gap is currently around $1.4 Trillion for the innovation in making trade financing more efficient and to protect against all risk
As an investor with over two decades of experience and more than $1.5 billion in assets traded globally, Konstantinos Kazinakis has become a sought-after investor, finance manager and expert at debt restructuring. His company, United Bunkers Investors Corporation, based in Canada, provides oil bunkering companies with total financial solutions. They offer equity and trade financing for Refineries and Traders, as well as essential Logistics and other service solutions for international oil trade.
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