POSCO International and LG CNS Launch Blockchain Pilot for Accounts Receivable
POSCO International and LG CNS have launched a blockchain pilot for accounts receivable, pairing a South Korean trading and energy company with a major systems integrator to test distributed-ledger technology against a core finance workflow. The pilot brings together POSCO International, the trading and investment arm of the POSCO Group, and LG CNS, the IT services subsidiary of the LG Group. The initiative is framed as a pilot, meaning it is a limited-scope test rather than a full production rollout across the company’s operations.