Trade
BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance
The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.
ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan
As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory.
Trade Organization ICC Eyes Blockchain Adoption for Its 45 Million Members
The world's biggest business organization is making blockchain available to its many members including Amazon, Coca Cola, McDonald's and PayPal.
London Metal Exchange Backs Plan to Track Physical Metals With Blockchain
The London Metal Exchange is said to be supporting an initiative to better track physical metals using blockchain tech.
UPS Targets B2B Sales With New Blockchain E-Commerce Platform
U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business sales into the digital age.
Korean Actor Invests in Blockchain Seafood Trade Startup
South Korean actor and businessman Bae Yong-joon has invested an undisclosed sum in blockchain-based seafood trade startup Seamon.
Ping An's New Pitch for Blockchain: Shared Ledger, But Banks Keep Clients
Ping An, the Chinese insurance giant that built the eTradeConnect blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships.
Four Agricultural Giants Eye Blockchain in Push to Digitize Global Trade
The four biggest agricultural corporations plan to utilize tech such as blockchain and AI to bring the global grain trade into the digital age.
Venezuela to Adopt Controversial Petro Token in Global Trade
Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.
UN Trade Body Examines Blockchain's Potential in Supply Chains
A United Nations body that facilitates global trade is examining blockchain and smart contracts to see if they could play a role in its mission.
