Trade Finance
Bank of America Joins Marco Polo Blockchain Trade Network
The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech.
HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
R3's Marco Polo Trade Blockchain Takes Another Step Toward Production
The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.
New Zealand's ASB Bank Takes Stake in Trade Finance Blockchain Startup
ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.
Standard Chartered Completes First Transaction on Blockchain Trade Platform Voltron
Standard Chartered Bank has completed its first international letter of credit transaction on the open-industry blockchain trade platform Voltron.
Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance
Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers
Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance
Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.
Over 50 Banks, Firms Trial Trade Finance App Built With R3's Corda Blockchain
ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3's Corda.
We.Trade Co-Founder Mancone Is Leaving the Enterprise Blockchain Firm
Roberto Mancone is leaving we.trade, the live trade finance blockchain platform which he helped grow into a legal entity comprising 14 banks.
Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain
Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.
