Definition ∞ B2B commerce settlement involves the finalization of financial transactions between two businesses. In the context of digital assets, this process utilizes blockchain technology to facilitate the transfer of value directly between corporate entities. This method aims to streamline cross-border payments, reduce intermediaries, and accelerate transaction speeds. It offers enhanced transparency and immutability compared to traditional settlement systems.
Context ∞ News regarding B2B commerce settlement frequently discusses pilot programs and partnerships between established financial institutions and blockchain firms. Reports often highlight the potential for distributed ledger technology (DLT) to cut costs and improve efficiency in global trade finance. Regulatory frameworks are gradually adapting to support the use of digital assets for inter-company payments, addressing concerns about security and compliance.