HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.
ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.
Standard Chartered Bank has completed its first international letter of credit transaction on the open-industry blockchain trade platform Voltron.
Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers
Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.
ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3's Corda.
Roberto Mancone is leaving we.trade, the live trade finance blockchain platform which he helped grow into a legal entity comprising 14 banks.
Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.
The first real transactions have been conducted on Marco Polo, a trade finance blockchain built on R3's Corda platform.
Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.
Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.
Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.