R3’s CordaCon Event Sees Big News, Packed Talks and Blockchain Converts
R3's annual Corda event appeared to be in rude health this year, with packed presentations and some notable news announcements.
View ArticleFirm Owned by India’s Richest Man Turns to Blockchain for Trade Finance
Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.
View ArticleChinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.
View ArticleThe First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade
Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.
View ArticleCiti Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency
Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.
View ArticleMarco Polo Blockchain Built on R3’s Corda Sees First Live Trades
The first real transactions have been conducted on Marco Polo, a trade finance blockchain built on R3's Corda platform.
View ArticleChina’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.
View ArticleTop 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain
Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.
View ArticleWe.Trade Co-Founder Mancone Is Leaving the Enterprise Blockchain Firm
Roberto Mancone is leaving we.trade, the live trade finance blockchain platform which he helped grow into a legal entity comprising 14 banks.
View ArticleOver 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.
View ArticleBitfury, 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.
View ArticleRussian 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
View ArticleStandard Chartered Completes First Transaction on Blockchain Trade Platform...
Standard Chartered Bank has completed its first international letter of credit transaction on the open-industry blockchain trade platform Voltron.
View ArticleNew 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.
View ArticleR3’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.
View ArticleHSBC 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.
View ArticleBank 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.
View ArticleDaimler 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.
View ArticleBanking 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.
View ArticleJapan’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.
View Article
