Trade Finance Global spoke to Wenhui LIANG at the WTO Global Trade and Blockchain Forum, on the nature of the current state of the global trading and blockchain adoption in global trading.
Geneva, 2nd December 2019. Today, at the WTO’s ‘Global Trade and Blockchain Forum’, ICC, TFG and WTO released a white paper combining over 200 responses from banks, corporates, fintechs and associations in the trade sector, as well as over 20 consortia, on the broader impact that distributed ledger technology (DLT) is having on the trade industry.
HaloTrade Halotrade is a blockchain-enabled fintech startup focused on the delivery of sustainable supply chain financing. Founded to help curb the issue of disengagement in supply chains, Halotrade creates a… read more →
DLT is not just a buzzword but a trend which is about to transform the financial industry. The European Central Bank also has a stake in the innovation game. We… read more →
There are a lot of ways to gain profits from bitcoin and other cryptocurrencies today. One of the most popular means is crypto trading where customers can trade their bitcoin and other cryptocurrencies for assets such as fiat money or other virtual currencies.
New York – 19 September, 2019 – Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.
LONDON, September 19, 2019. Trade Finance Global released its third issue of Trade Finance Talks entitled ‘Tradetech & Trade Wars’ – the Sibos edition.
All global industries require standards. Remember what a huge step forward it was when the carrier industry agreed on the design for a shipping container. The same is true for electronic trade documents and their supporting systems.
TFG heard from Accenture’s Cecile Andre Leruste, on the major digitisation initiatives within the commodiy finance space. Commodity finance is in a phase of major transition, driven by multiple megatrends
So you’ve built yourself a blockchain, now what are you supposed to do with it?
September 11, 2019 (Dubai / London) – National Bank of Fujairah PJSC (NBF), one of the
leading bank in the Middle East announced today that it has become a member of the Marco
Polo Network, the largest and fastest growing trade finance network.
The development of cryptocurrency has been deemed as a revolutionary alternative to the current financial system. Although one of the hallmarks of cryptocurrencies is that they are decentralized, effective regulation ensures legitimacy. Furthermore, even though the blockchain is extremely secure, humans are still involved in exchanges, trading, and international coin offerings (ICOs).
The Marco Polo Network and Standard Bank Group announced today that Standard Bank has joined the Marco Polo Network, the largest and fastest growing trade finance network focused on bringing unprecedented efficiencies to trade financing.
Blockchain is famous not only because of bitcoin or cryptocurrency trading, but also because of the technology behind it. It’s one of the most unique technologies that uses cryptographic principles to bind and secure blocks of data. Moreover, it’s a decentralized system in which no central authority is needed.