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 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.
IBM has partnered with Chainyard to launch a new blockchain network geared towards improving supplier qualification, validation, onboarding, and information management.
The value of global trade today is around $40 trillion. Approximately 10% of this amount is commodity trade. Therefore being able to predict what is likely for the future of the trade industry to hold is essential for business growth and preparation. Some of the most influential factors on global trade today are
Cryptocurrency is taking the fintech world by storm, beginning with pioneering altcoin Bitcoin to emerging ones like Ethereum, Litecoin, and Ripple, among others. Social networking giant Facebook has also announced that it has funded the creation of Libra, which is their version of the cryptocurrency.
Facebook recently announced a “blockchain powered currency” called Libra which appears to be a potentially game changing development in payments. Although there is scepticism and uncertainty, Facebook’s Libra initiative is something to be encouraged and applauded. With the caveat that FB needs to be watched very carefully as it has over the years proclaimed in its various mission statements that it wants to “move fast, break things, build things and add stable infrastructure”.
The U.S. legislative body has set congressional hearings after several lawmakers raised concerns hours after social media giant, Facebook, announced its entry into the digital currency market via Libra.
Trade Finance Global released its second issue of Trade Finance Talks at the UK Trade & Export Finance Forum. This publication is entitled ‘The Trade Gap: Gender, Finance and Interoperability’.
Trade Finance Global caught up with Charles Nahum at Finacity, looking at the state of the trade receivables securitisation markets in 2019
London, 29th May 2019. Trade Finance Global are delighted to announce a strategic media partnership with The Telegraph at their conference – The Future of Trade & Export
Trade Finance Global, in collaboration with TradeIX have put together a whitepaper: Blockchain and DLT in the International Trade & Shipping Space.
Brazil’s Banco Bradesco is the latest bank to join Marco Polo, the largest and fastest growing trade finance network powered by Corda blockchain technology to bring significant efficiencies in financing trade and working capital
The launch of Bitcoin in 2009 brought the world the possibility of using blockchain networks, or at least some form of distributed decentralised ledger technology to advance the world of international trade.
