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

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.

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.

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.

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.

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.

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.

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.

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.

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.
