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.
The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants.
ING, the Dutch megabank, has come up with a privacy fix for R3's Corda blockchain.
Enterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient.
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.
U.K.-based Archax has inked a deal to use R3's Corda Enterprise to handle post-trade processes for its digital securities exchange.