Trade


Policy

Coronavirus Checks China's Blockchain Ambitions

As long as the Coronavirus keeps everyone indoors, China's big, bold blockchain ambitions are on hold.

Coronavirus have a "crown-like" structure, image via the Ecohealth Alliance

Policy

US Food Inspectors to Test IBM Blockchain for Export Certifications

The blockchain feasibility assessment will search out efficiencies in a process marred by regulations and often complex documentary requirements.

"This is the first time that FSIS has sought to utilize blockchain technology,” a spokesperson said. Image credit: Shutterstock

Markets

Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup

Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions.

SHIPPING SOON: Contour, the recently-rebranded Voltron blockchain trade finance startup, plans to commercialize its letter-of-credit service following several successful pilot projects.

Markets

BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.

BRICS sculpture

Markets

ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan

As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory.

abn amro, bank

Markets

Trade Organization ICC Eyes Blockchain Adoption for Its 45 Million Members

The world's biggest business organization is making blockchain available to its many members including Amazon, Coca Cola, McDonald's and PayPal.

International Chamber of Commerce

Markets

London Metal Exchange Backs Plan to Track Physical Metals With Blockchain

The London Metal Exchange is said to be supporting an initiative to better track physical metals using blockchain tech.

metal bars

Markets

UPS Targets B2B Sales With New Blockchain E-Commerce Platform

U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business sales into the digital age.

UPS van

Markets

Korean Actor Invests in Blockchain Seafood Trade Startup

South Korean actor and businessman Bae Yong-joon has invested an undisclosed sum in blockchain-based seafood trade startup Seamon.

Korea fish

Markets

Ping An's New Pitch for Blockchain: Shared Ledger, But Banks Keep Clients

Ping An, the Chinese insurance giant that built the eTradeConnect blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships.

eTradeConnect

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