Trade Finance

Trade Finance

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Government-Backed Blockchain Trade Platform Launches in Singapore

A digital services firm owned by a Singapore government agency and a major port operator has launched a blockchain platform for cross-border trade.

singapore port

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Banks Take Sides as Blockchain Trade Finance Race Heats Up

NatWest, part of Royal Bank of Scotland, has joined Marco Polo, a blockchain consortium started by R3 and trade finance specialist TradeIX.

cargo-cargo-containers-containers-906982

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Hong Kong's Blockchain Trade Finance Platform to Go Live By September

The Hong Kong Monetary Authority is poised to launch a live blockchain trade finance platform within two months.

hongkong

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Bankers Tout Trade Finance as the Sweet Spot for Blockchain

London's Blockchain Summit heard banks weigh the possible savings blockchain could bring to global trade – as well as noting the pain points.

ship, trade

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HSBC Exec Warns 'Digital Islands' Could Inhibit Blockchain Trade

Blockchains should do for the global value chain what shipping containers did for transport of goods, says HSBC trade finance expert Vinay Mendonca.

hsbc, bank

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Bangkok Bank Joins R3's Trade Finance Blockchain Initiative

Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.

Bangkok Bank

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Infosys Partners with 7 Banks for Blockchain Trade Finance Network

IT giant Infosys has built a blockchain-based trade finance platform involving seven Indian banks including ICICI and Axis.

Infosys

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Banks Ink Blockchain Trade Finance Transaction with Food Giant Cargill

HSBC and ING have performed a claimed world-first trade finance transaction on a single blockchain system for agri-food firm Cargill.

Shipping containers

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How Blockchain Trade Finance Is Breaking Proof-of-Concept Gridlock

After years of tests and concepts, enterprise blockchain may be having a breakthrough moment, with several notable trials in trade finance advancing.

trade, finance

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UBS-Backed Blockchain Platform Completes Live Trade Transactions

The Batavia blockchain trade finance platform has completed a pilot that conducted live cross-border transactions involving corporate clients.

UBS

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