Trade Finance

trade, finance
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.
trade, finance

Mercedes car
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.
Mercedes car

Bank of America
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.
Bank of America

(Christian Mueller/Shutterstock)
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.
(Christian Mueller/Shutterstock)

marco_polo_travels
R3's Marco Polo Trade Blockchain Takes Another Step Toward Production
The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.
marco_polo_travels

Ship and containers trade
New Zealand's ASB Bank Takes Stake in Trade Finance Blockchain Startup
ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.
Ship and containers trade

Fuel tanker
Standard Chartered Completes First Transaction on Blockchain Trade Platform Voltron
Standard Chartered Bank has completed its first international letter of credit transaction on the open-industry blockchain trade platform Voltron.
Fuel tanker

Dixy Russian retailer
Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance
Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers
Dixy Russian retailer

shipping, trade finance
Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance
Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.
shipping, trade finance

R3 NYC office
Over 50 Banks, Firms Trial Trade Finance App Built With R3's Corda Blockchain
ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3's Corda.
R3 NYC office