Trade Finance

Insurance

R3’s CordaCon Event Sees Big News, Packed Talks and Blockchain Converts

R3's annual Corda event appeared to be in rude health this year, with packed presentations and some notable news announcements.

Policy & regulation  ·  14 September 2018
Research

Blockchain Could Boost Trade Finance by $1 Trillion, WEF Research Says

Blockchain technology can help global businesses generate an extra $1 trillion in trade finance, according to World Economic Forum research.

Business  ·  13 September 2018
China

PBoC-Backed Blockchain Trade Finance Platform Enters Test Phase

A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.

Policy & regulation  ·  4 September 2018
Banking

Standard Chartered, Siemens Partner to Put Bank Guarantees on a Blockchain

Multinational banking firm Standard Chartered is teaming up with manufacturing giant Siemens to put bank guarantees for trade finance on a blockchain.

Business  ·  29 August 2018
Singapore

Government-Backed Blockchain Trade Platform Launches in Singapore

A digital services firm owned by a Singapore government agency and a major port operator has launched a blockchain platform for cross-border trade.

Business  ·  19 July 2018
Supply Chain

Banks Take Sides as Blockchain Trade Finance Race Heats Up

NatWest, part of Royal Bank of Scotland, has joined Marco Polo, a blockchain consortium started by R3 and trade finance specialist TradeIX.

Business  ·  17 July 2018
News

Hong Kong’s Blockchain Trade Finance Platform to Go Live By September

The Hong Kong Monetary Authority is poised to launch a live blockchain trade finance platform within two months.

Business  ·  16 July 2018
Banking

Bankers Tout Trade Finance as the Sweet Spot for Blockchain

London's Blockchain Summit heard banks weigh the possible savings blockchain could bring to global trade – as well as noting the pain points.

Business  ·  3 July 2018
Banking

HSBC Exec Warns ‘Digital Islands’ Could Inhibit Blockchain Trade

Blockchains should do for the global value chain what shipping containers did for transport of goods, says HSBC trade finance expert Vinay Mendonca.

Business  ·  5 June 2018
Banking

Bangkok Bank Joins R3’s Trade Finance Blockchain Initiative

Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.

Business  ·  25 May 2018
Banking

Infosys Partners with 7 Banks for Blockchain Trade Finance Network

IT giant Infosys has built a blockchain-based trade finance platform involving seven Indian banks including ICICI and Axis.

Business  ·  17 May 2018
Banking

Banks Ink Blockchain Trade Finance Transaction with Food Giant Cargill

HSBC and ING have performed a claimed world-first trade finance transaction on a single blockchain system for agri-food firm Cargill.

Business  ·  14 May 2018
Banking

How Blockchain Trade Finance Is Breaking Proof-of-Concept Gridlock

After years of tests and concepts, enterprise blockchain may be having a breakthrough moment, with several notable trials in trade finance advancing.

Business  ·  30 April 2018
News

UBS-Backed Blockchain Platform Completes Live Trade Transactions

The Batavia blockchain trade finance platform has completed a pilot that conducted live cross-border transactions involving corporate clients.

Tech  ·  19 April 2018
India

250 Corporates Join ICICI Bank Blockchain Test

Indian private bank ICICI Bank has on-boarded more than 250 corporate firms to undertake trade finance transactions on blockchain network.

Business  ·  18 April 2018