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Trade

<a href="http://www.shutterstock.com/gallery-3392687p1.html?cr=00&pl=edit-00">TasfotoNL</a> / <a href="http://www.shutterstock.com/editorial?cr=00&pl=edit-00">Shutterstock.com</a>Banks

ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan

Daniel PalmerMay 20, 2019

As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory.

https://www.shutterstock.com/image-photo/paris-france-august-9th-2014-headquarters-211833649?src=oTMnvcU0dNrTZPlRtdCfXg-1-0Singapore

Trade Organization ICC Eyes Blockchain Adoption for Its 45 Million Members

Yogita KhatriApr 12, 2019

The world's biggest business organization is making blockchain available to its many members including Amazon, Coca Cola, McDonald's and PayPal.

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https://www.shutterstock.com/image-photo/xiamen-china-oct-22-2017-brics-743200120?src=e1f20ceb-e302-4632-99a1-fe754474c089-1-45Russia

BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

Daniel PalmerNov 15, 2019

The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.

London

London Metal Exchange Backs Plan to Track Physical Metals With Blockchain

Yogita KhatriMar 27, 2019

The London Metal Exchange is said to be supporting an initiative to better track physical metals using blockchain tech.

E-commerce

UPS Targets B2B Sales With New Blockchain E-Commerce Platform

Diana AguilarMar 23, 2019

U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business sales into the digital age.

Exchanges

Korean Actor Invests in Blockchain Seafood Trade Startup

Yogita KhatriMar 12, 2019

South Korean actor and businessman Bae Yong-joon has invested an undisclosed sum in blockchain-based seafood trade startup Seamon.

Insurance

Ping An’s New Pitch for Blockchain: Shared Ledger, But Banks Keep Clients

Wolfie ZhaoDec 3, 2018

Ping An, the Chinese insurance giant that built the eTradeConnect blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships.

News

Four Agricultural Giants Eye Blockchain in Push to Digitize Global Trade

Yogita KhatriOct 26, 2018

The four biggest agricultural corporations plan to utilize tech such as blockchain and AI to bring the global grain trade into the digital age.

Venezuela

Venezuela to Adopt Controversial Petro Token in Global Trade

Wolfie ZhaoSep 21, 2018

Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.

News

UN Trade Body Examines Blockchain’s Potential in Supply Chains

Daniel PalmerJun 12, 2018

A United Nations body that facilitates global trade is examining blockchain and smart contracts to see if they could play a role in its mission.

Australia

PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot

Sujha SundararajanMay 31, 2018

PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.

Australia

Australian Government Looks to Blockchain for Trade Modernization

Sujha SundararajanMay 10, 2018

Australia's Department of Home Affairs is touting blockchain technology in a push to modernize the country's international trade supply chains.

Singapore

MUFG, NTT Data Trial Blockchain for Cross-Border Trade

Sujha SundararajanDec 6, 2017

MUFG and NTT Data are collaborating on a blockchain proof-of-concept aimed to foster trade between Singapore and Japan.

Banking

BBVA Blockchain Pilot Cuts Time for International Trade Transactions

Sujha SundararajanNov 28, 2017

BBVA has utilized blockchain platform Waves to conduct a live international trade transaction trial between Spain and Mexico.

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