HKMA Project Ensemble partners with Brazil, Thailand for tokenization
The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating. Go to Source
trade finance
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Blockchain can shield banks from billion-dollar trade finance scandals, says exec
Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert. Go to Source Powered by WPeMatico
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Go to Source Powered by WPeMatico
Standard Chartered, Siemens Partner on Blockchain Pilot to ‘Fully Digitize’ Bank Guarantees
Inefficiencies in bank guarantees forms focus of blockchain pilot by Standard Chartered, Siemens and trade finance platform TradeIX Go to Source Powered by WPeMatico
HSBC Deems Blockchain Infrastructure for Trade Finance Commercially Viable
Blockchain technology can be a viable tool when put in the right hands. HSBC is one of the many banks exploring the boundaries of this innovative technology. The company recently conducted and completed its first trade finance deal using a distributed ledger. It’s a very positive development for the blockchain industry, as global adoption seems imminent. … Read more
Batavia, UBS and IBM’s Joint Platform, Completes First Live Trade
Batavia, a blockchain trade finance platform, has successfully completed its first live corporate cross-border transaction. The platform is a joint venture between tech giant IBM and leading banks including Swiss bank UBS, European financial services firm Erste Group, the Spanish CaixaBank, German giant CommerzBank, and Bank of Montreal. This initial transaction saw the platform facilitate … Read more
