Trade Finance


Mercados

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.

Sumitomo

Mercados

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

Mercados

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

Mercados

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

Mercados

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.

HSBC's building in Hong Kong. (Christian Mueller/Shutterstock)

Mercados

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

Mercados

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

Mercados

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

Mercados

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

Mercados

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

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