China Injects $4.7M Into Central Bank’s Blockchain Trade Finance Platform

Thirty-eight banks have started using the platform since it entered the test phase in September 2018.

Accenture Will Board Corporates Onto Marco Polo Shipping Blockchain

Accenture plans to help TradeIX create new use cases beyond banking for buyers and sellers within trade finance after backing the Marco Polo tech partner.

BNY Mellon Aims to Go Live ‘ASAP’ on Trade Finance Blockchain Marco Polo

Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.

DBS Bank Partners With Singapore Government to Launch Blockchain Trade Platform

Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade.

Japan’s Third Largest Bank Completes Blockchain Trade Finance Test

The third largest bank by assets in Japan, is set to begin utilizing R3's Marco Polo trade finance blockchain on a commercial basis by the end of 2019.

Banking Giant UBS Goes Live on We.Trade Blockchain for Trade Finance

Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform.

Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network

Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network.

Bank of America Joins Marco Polo Blockchain Trade Network

The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech.

HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit

HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.