Which one of the following statements is NOT true? "The application of block chain technology to International trade finance:"

a. will offer opportunities of development to both established banks and new or existing fintech companies

b. is currently limited but this appears to be an area in which there is much room for innovation.

c. does not currently require investment in technology

d. will change a segment of international finance that has seen little innovation in the past e. has the potential to reduce the cost of international trade for importers and exporters