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Contour

hsbc
Markets
Hsbc
HSBC Carries Out Bangladesh's First Blockchain Letter-of-Credit Transaction
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit.
hsbc
By Sebastian Sinclair
Nov 3, 2020 at 11:40 a.m. UTC
Nov 3, 2020
HSBCCordaContourLetters of Credit
Credit: Daniel Fung/Shutterstock.com
Markets
Standard chartered bank
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan.
Credit: Daniel Fung/Shutterstock.com
By Paddy Baker
May 13, 2020 at 1:00 p.m. UTC
May 13, 2020
Standard Chartered BankTrade FinanceCordaContourLetters of Credit
Da Nang City, Vietnam (Credit: Shutterstock)
Tech
Vietnam
Vietnam's HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates
The bank has signed on to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm.
Da Nang City, Vietnam (Credit: Shutterstock)
By Sebastian Sinclair
May 8, 2020 at 10:19 a.m. UTC
May 8, 2020
VietnamTrade FinanceSettlementContourHDBank
SHIPPING SOON: Contour, the recently-rebranded Voltron blockchain trade finance startup, plans to commercialize its letter-of-credit service following several successful pilot projects.
Markets
Standard chartered bank
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.
SHIPPING SOON: Contour, the recently-rebranded Voltron blockchain trade finance startup, plans to commercialize its letter-of-credit service following several successful pilot projects.
By Danny Nelson
Jan 28, 2020 at 6:51 p.m. UTC
Jan 28, 2020
Standard Chartered BankR3TradeVoltronContour