Trade Finance
China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.
Marco Polo Blockchain Built on R3's Corda Sees First Live Trades
The first real transactions have been conducted on Marco Polo, a trade finance blockchain built on R3's Corda platform.
Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency
Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.
The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade
Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.
Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.
Firm Owned by India's Richest Man Turns to Blockchain for Trade Finance
Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.
R3's CordaCon Event Sees Big News, Packed Talks and Blockchain Converts
R3's annual Corda event appeared to be in rude health this year, with packed presentations and some notable news announcements.
Blockchain Could Boost Trade Finance by $1 Trillion, WEF Research Says
Blockchain technology can help global businesses generate an extra $1 trillion in trade finance, according to World Economic Forum research.
PBoC-Backed Blockchain Trade Finance Platform Enters Test Phase
A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.
Standard Chartered, Siemens Partner to Put Bank Guarantees on a Blockchain
Multinational banking firm Standard Chartered is teaming up with manufacturing giant Siemens to put bank guarantees for trade finance on a blockchain.
