Trade Finance


Финансы

BNY Mellon Aims to Go Live 'ASAP' on Trade Finance Blockchain Marco Polo

Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.

BNY Mellon, Bank

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DBS Bank Partners With Singapore Government to Launch Blockchain Trade Platform

Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade.

(Shutterstock)

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Japan's Third Largest Bank Completes Blockchain Trade Finance Test

The third largest bank by assets in Japan, is set to begin utilizing R3's Marco Polo trade finance blockchain on a commercial basis by the end of 2019.

Sumitomo

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Banking Giant UBS Goes Live on We.Trade Blockchain for Trade Finance

Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform.

trade, finance

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Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network

Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network.

Mercedes car

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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.

Bank of America

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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.

HSBC's building in Hong Kong. (Christian Mueller/Shutterstock)

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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.

marco_polo_travels

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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.

Ship and containers trade

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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.

Fuel tanker

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