As of April 1st 2019, more than ten of the world’s leading finance institutions and banks announced a combined effort to develop the multi-trillion dollar market that is trade finance, as an asset class of its own.
UniCredit has recently announced the successful completion of its first Italian transaction via blockchain-based trading platform we.trade.
Bank Payment Obligation can act as a gateway for further trade finance technologies, says new Commerzbank whitepaper The whitepaper, “Leading the path of digital evolution” explains how increased market adoption… read more →
The Singapore arm of Standard Chartered announced yesterday the completion of its first blockchain based lend in Singapore, facilitating the shipment of chickpeas from Agrocorp International, based in Australia, to… read more →
Last week HSBC announced that it had settled over three million foreign exchange transactions since the launch of ‘FX Everywhere’ in the last year. A move to orchestrate cross-border FX… read more →
Heading towards the end of 2018, we thought that China’s developments in blockchain and trade finance were fairly quiet in comparison to the rest of the world. But just when… read more →