Trade Finance

Trade Finance

Markets

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.

R3 NYC office

Finance

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.

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Markets

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.

Yasuyuki_SMBC bank

Markets

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.

yuan and usd

Markets

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.

marco_polo_travels

Markets

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.

Citibank (TungCheung/Shutterstock)

Markets

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.

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Markets

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.

Shanghai

Markets

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.

Mukesh Ambani

Markets

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.

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