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Citigroup Raises Investment in Ethereum-Based Trade Finance Startup
22.3.2020
Citi announces additional investment in Komgo, also begins to integrate its trade processing system with platform’s blockchain
China Injects $4.7M into Central Bank’s Blockchain Trade Finance Platform
9.3.2020
Thirty-eight banks have started using the platform since it entered the test phase in September 2018
HSBC: Blockchain Platform Will Keep Trade Finance Smooth Despite Coronavirus
5.3.2020
The platform’s backers claim that using the blockchain can keep trade financing running smoothly even in times of global crises like the coronavirus
OpenNode Finds Way for Retailers to Turn Fiat Payments Into Bitcoin (Using Apple Pay)
20.2.2020
Bitcoin-loving retailers can now receive BTC from customers paying in fiat
Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup
28.1.2020
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions
Unexpected Ethereum Muir Glacier Upgrade Finds 74% of Clients Ready
31.12.2019
With less than two days left to the ninth Ethereum upgrade, Muir Glacier, majority of the node operators are ready for it.
As previously reported, Ethereum is forced to have another hard fork less than a month after the Istanbul upgrade, due to a mistake, and in order to delay the feature known...
R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members
16.12.2019
R3’s trade finance network Marco Polo completes its largest trade finance trial involving more than 70 firms
R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations
16.12.2019
The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants
BNY Mellon Aims to Go Live ‘ASAP’ on Trade Finance Blockchain Marco Polo
26.11.2019
Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so
Oman Sees First Trade Finance Transaction on Blockchain
23.11.2019
Oman Oil and Orpic Group and HSBC Bank Oman SAOG carry out the country’s first blockchain trade finance transaction
BlackRock and Fidelity Shine as Significant Investors in Masternode Firm Neptune Dash
19.11.2019
Globally reputed US-based investment firm, BlackRock is reportedly the proud owner of more than 11% shares of Dash masternode company Neptune Dash. This advancement has resulted in a strategically important scenario where now the total percentage share controlled by the major investment firms...
ITFC Raises Its Trade Finance and Development Efforts in OIC Countries
12.11.2019
International Islamic Trade Finance Corporation (ITFC) has announced that in the third quarter of 2019, it helped in boosting growth in these nations by financing transactions to the tune of $2.2 billion. It is a significant development and shows the sort of financial commitment that has been made...
Japan’s Third Largest Bank Completes Blockchain Trade Finance Test
22.10.2019
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
Major Singapore Bank Completes First DLT Trade Financing Transaction
17.10.2019
A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction
South Korea Aims to Put Trade Finance on the Blockchain by 2021
15.10.2019
The government-backed program will bring trade and contract data into distributed ledgers
Dubai, Emirates NBD Sign MoU on Blockchain Trade Finance Solutions
14.10.2019
Dubai Chamber of Commerce signs MoU with Emirates NBD for blockchain-based trade finance within the Digital Silk Road initiative in the UAE
Trade Finance Blockchain Platform Marco Polo Collaborates With 20 Banks
14.10.2019
Having established itself as the world’s largest and fastest-growing blockchain-based trade and working capital finance platform, Marco Polo has expanded its working space by partnering with over twenty reputed banking networks. The platform is piloting its first trading phase of a strategic deal...
Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions
11.10.2019
Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany and Russia
Banking Giant UBS Goes Live on We.Trade Blockchain for Trade Finance
9.10.2019
Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform that’s seeing growing adoption
Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
25.9.2019
Lloyds Bank partners with blockchain firm Komgo to streamline its commercial bank division