Injective partners with POSCO International and LG CNS for onchain trade finance pilot

Two of South Korea’s biggest corporate names just ran a live experiment on a crypto blockchain, and it actually worked. POSCO International and LG CNS completed a proof-of-concept pilot that tokenized real trade receivables on the Injective Layer-1 blockchain, marking one of the more concrete examples of a traditional industrial giant using decentralized infrastructure for something other than a press release. The pilot used actual commercial trade data, not simulated numbers. What actually happened The proof-of-concept completed at least one live on-chain transaction using real trade receivables, run through Injective’s blockchain infrastructure with LG CNS handling the technical integration layer. The pilot was announced and confirmed complete around July 26-27, 2026. POSCO International is not a small operation. The company posted $22.2B in revenue for the prior year and operates a network of more than 80 overseas branches and subsidiaries. The framework being tested combines AI, blockchain, and shared ledgers to tackle trade finance reconciliation. The pilot aims to compress that process significantly and improve working capital management across POSCO’s global network. POSCO P...