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 is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them.
Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021.
Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.
The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants.
Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network.