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.
Trade Finance
BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology.
Decentralized finance may soon boast a real-world use case as MakerDao considers accepting freight invoices as collateral for dai loans.
Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others.
IBM has become a shareholder in we.trade, the blockchain-based trade-finance platform jointly owned by 12 European banks.
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.
Trade Finance
