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

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.

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Source: https://blockonomi.com/xdc-network-partners-with-murundi-group-to-digitize-india-australia-trade-corridor/