Browsing the "Trade Finance" Tag

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…

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

| Yogita Khatri

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

R3’s CordaCon Event Sees Big News, Packed Talks and Blockchain Converts

| Ian Allison

R3's annual Corda event appeared to be in rude health this year, with packed presentations and some notable news announcements.