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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
Japan-based Sumitomo Mitsui Banking Corporation {SMBC) is set to begin utilising R3’s Marco Polo trade finance blockchain on a commercial basis by the end of 2019.
Sumitomo Mitsui Banking Corporation, SMBC, Japan, trade finance pilot, Asia, APAC, Mitsui & Co, Bangkok Bank, R3, Marco Polo, Trade Finance Network, blockchain
Bank of America has announced that it is joining the Marco Polo Network to tackle trade finance challenges.
Bank of America, Marco Polo Network, trade finance, digital banking, US, Asia Pacific, EMEA, Latin America and North America, BNP Paribas, Commerzbank, ING, LBBW, Anglo-Gulf Trade Bank, Standard Chartered Bank, Natixis, Bangkok Bank, SMBC, Danske Bank
Blockchain trade finance network Marco Polo has announced that the South Africa-based Standard Bank Group will be a new member.
South Africa, Standard Bank, Marco Polo, trade finance, blockchain, DLT, Trade Finance Network, Microsoft Dynamics 365, Xero, Oracle Netsuite, R3, Corda, Alfa Bank, Anglo Gulf Trade Bank, Bangkok Bank, Bayern LB, BNP Paribas, Bradesco, Commerzbank
Marco Polo members Bangkok Bank and Commerzbank have jointly executed an international trade transaction using distributed ledger technology (DLT).
Bangkok Bank, Commerzbank, trade finance, Marco Polo, DLT, blockchain trade finance, blockchain, distributed ledger technology, R3, Corda