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South Africa has announced Project Khokha 2 to explore the use of both a wholesale central bank digital currency (CBDC) and a wholesale settlement token, for interbank use.
Project Khokha, CBDC, blockchain, Corda, R3, stablecoin, Token
İşbank and Commerzbank together with their corporate clients have jointly run their second international trade finance pilot transaction based on distributed ledger technology (DLT).
Isbank, blockchain, DLT, trade finance, Commerzbank, corporate clients, Corda, Marco Polo, Turkey
Cordite Society, a co-operative society registered in the UK, has launched XDC, the first Corda Network digital currency, according to the official press release.
DeFi, stablecoin, cryptocurrency, Token, Cordite Society, UK, Corda, blockchain, R3, CBDC
Hong Kong-based CryptoBLK and Slovenia-based CargoX have partnered to streamline processes and accelerate digitalisation in global trade and supply chains.
CryptoBLK, CargoX, partnership, integration, blockchain, supply chain finance, Atlas Elite, DLT, Corda, Ethereum, Hong Kong, Slovenia
msg, a large IT consulting and system-integration company based in Germany, has formalised a strategic alliance with Marco Polo, a distributed trade finance network.
MSG, IT consulting, system-integration, Germany, Marco Polo, distributed trade finance network, R3, Corda, banking, payments , SAP, DLT
Italy, banks, Corda, interbank data transfer, R3, blockchain, transaction logs, reconciliation, Interbank Agreement, NTT Data, bank technology, SIA
SEBA Bank, a FINMA licenced Swiss Bank, has announced plans to team up Digital Asset Shared Ledger (DASL), a liquidity network for digital assets.
SEBA Bank, FINMA licence, Swiss bank, Switzerland, digital assets, Corda, Digital Asset Shared Ledger, DASL, tokenisation
DBS Bank has joined Contour’s network, which is built on blockchain technology company R3's Corda.
letters of credit, blockchain, trade finance, banking, Singapore, R3, Corda, settlement, DBS Bank
SIA has launched a blockchain infrastructure that enables the ‘Spunta Banca DLT’ application, an initiative promoted by ABI (Italian Banking Association) and coordinated by ABI Lab.
Spunta Banca DLT, SIA, Italy, reconciliation, banking, payments , banks, payments , R3, Corda
WeBank, DAML, China, FISCO BCOS, blockchain, China, Digital Asset, digital bank, Tencent, WeChat, Shenzhen Securities Communications, Huawei, BSN, Ethereum, Hyperledger Fabric, Hyperledger Sawtooth, Hyperledger Besu, VMware Blockchain, R3, Corda, Amazon, QLDB, Aurora
Hex Trust, a Hong Kong-based assets custodian, has teamed up with enterprise blockchain company R3 to offer its banking clients another option for issuing security tokens.
crypto custody, Hex Trust, tokens, R3, Corda, Hong Kong, security tokens, blockchain
Crédit Agricole CIB has announced that it is entering a pilot phase on the Marco Polo Network, following an evaluation period in 2019.
Crédit Agricole CIB, Marco Polo Network, supply chain finance, APIs, ERP, B2B payments, Corda
Citi has announced joining the blockchain trade finance network, Contour, launched in Singapore.
Contour, Citi, Bangkok Bank, BNP Paribas, CTBC Holding, HSBC, ING, SEB, Standard Chartered, Singapore, trade finance, Trade Finance Network, blockchain, Voltron, Corda, R3, DLT, Asia, APAC
Qatar’s Commercial Bank has participated in the Blockchain Open Account Trade Finance Trial on the Marco Polo platform, built on the R3 Corda Network.
Marco Polo, Commercial Bank, Qatar Commercial Bank, wholesale banking, trade finance, risk mitigation, Corda, R3, distributed ledger technology, blockchain
Accenture has announced a minority investment in TradeIX, the developer behind the Marco Polo blockchain trade finance platform.
Accenture, TradeIX, investment, trade finance, blockchain, Corda, R3, Marco Polo, Ireland, Europe, ING Ventures, consultancy, AIG, DHL Siemens.
The Marco Polo trade finance network has completed an open account trade finance trial with 70 organisations using its blockchain platform.
Marco Polo, trade finance, Trade Finance Network, ABN AMRO, TradeIX, Xero, R3, Corda, Oracle Netsuite, BMW, Citizens Bank, International Islamic Trade Finance Corporation, SBI, Steelforce, Sumitomo Corporation, The Bank of East Asia, HSBC, Saudi British Bank
Falk Rieker, SAP, R3, Corda, Accenture, real-time gross settlemen, RTGS platform, payment engine application, fintehc, settlement system, payments , \b2b payments, Corda platform, blockchain
US-based BNY Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.
BNY Mellon, Marco Polo, blockchain, trade finance, trade finance netwrok, TradeIX, Corda, R3, Bank of America, KeyBank, US, North America
Ivno, a fintech company, has announced that it has successfully completed a global trial involving collateralised tokens on the Corda blockchain platform, hosted on Microsoft Azure.
Ivno, Raiffeisen Bank, Corda, blockchain, tokens, payments , instant settlement
The Marco Polo trade finance network has announced it is now generally available on Microsoft Azure.
Marco Polo Network, Microsoft Azure, Trade Finance Network, trade finance, banking, credit facility, R3, Corda, blockchain technology, DLT, global trade