Browsing the "Trade Finance" Tag

Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance

| Anna Baydakova

Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers

Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance

| Yogita Khatri

Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.

Over 50 Banks, Firms Trial Trade Finance App Built With R3’s Corda Blockchain

| Yogita Khatri

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

| Ian Allison

Roberto Mancone is leaving we.trade, the live trade finance blockchain platform which he helped grow into a legal entity comprising 14 banks.

Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain

| Yogita Khatri

Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.

China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance

| Daniel Palmer

The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border…

Marco Polo Blockchain Built on R3’s Corda Sees First Live Trades

| Marc Hochstein

The first real transactions have been conducted on Marco Polo, a trade finance blockchain built on R3's Corda platform.

citi, bank

Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency

| Ian Allison

Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.

The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade

| Ian Allison

Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost

| Yogita Khatri

The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for…