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SMBC completes blockchain trade finance test

News | E-invoicing, SCF & E-procurement | 22 Oct 2019

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