IBM has become a shareholder in we.trade, the blockchain-based trade-finance platform jointly owned by 12 European banks.
Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany and Russia.
Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform.
The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.
Roberto Mancone is leaving we.trade, the live trade finance blockchain platform which he helped grow into a legal entity comprising 14 banks.
Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.
Hyperledger has added 16 new members, including Deutsche Telekom, Europe's biggest telecommunications provider and Alibaba's cloud computing subsidiary.
NatWest, part of Royal Bank of Scotland, has joined Marco Polo, a blockchain consortium started by R3 and trade finance specialist TradeIX.
Blockchains should do for the global value chain what shipping containers did for transport of goods, says HSBC trade finance expert Vinay Mendonca.
A group of banks is charting forward a new course for how to design a blockchain venture – and this time it's seeking for-profit benefits.