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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......»»
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......»»
Hong Kong and banks including HSBC and Standard Chartered are launching a blockchain-based trade finance platform
REUTERS/Bobby Yip Hong Kong's banking regulator and seven banks, including HSBC and Standard Chartered, will jointly launch a trade finance platform in September. The sector is often described as one .....»»
Tradeshift Proposes Plan to Protect Denmark’s Supply Chains From COVID-19 Crisis
Tradeshift wants the Danish government to try out a supply-chain relief plan that involves the fintech unicorn's blockchain-based trade finance platform......»»
Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions......»»
R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations
The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants......»»
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......»»
Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions
Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany and Russia......»»
Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 Billion
Chinese banking giant CCB has expanded its trade finance blockchain platform with cross-chain and inter-bank transactions......»»
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 that’s seeing growing adoption......»»
Vanguard is reportedly testing a platform to compete with banks in the $6 trillion-a-day currency market
REUTERS/Mike Segar Vanguard Group is testing a blockchain-powered platform that would allow asset managers to trade currencies without using major banks as intermediaries, Bloomberg reported Thursday. The currency market handles $6 trillion e.....»»
Mastercard Joins Blockchain-Powered Trade Finance Consortium Marco Polo
Mastercard has joined the Marco Polo trade finance consortium founded by blockchain startup R3 and fintech firm TradeIX......»»
HSBC Leverages Voltron Trade Finance Platform To Further Joint BNP Paribas, Standard Chartered Blockchain Efforts
HSBC completed its first yuan-denominated blockchain letter of credit transaction, according to a Sept. 2 Reuters report, taking a step forward in its use of the Voltron platform, developed jointly with other large financial institutions. read more.....»»
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 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......»»
Over 250 corporates come on board for ICICI Bank"s blockchain platform
ICICI Bank became the first bank in the country to successfully undertake pilot transactions in international trade finance.....»»
HSBC says performs first trade finance deal using single blockchain system
HONG KONG (Reuters) - HSBC Holdings Plc said on Monday it has performed the world's first trade finance transaction using a single blockchain platform, in a push to boost efficiency in the multi-trillion-dollar funding of international trade......»»
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......»»
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......»»
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......»»