HSBC has issued its first yuan blockchain-based letter of credit transaction, Reuters reported. The move is significant progress in the use of the Voltron trade...
A few years ago, Sameer Sehgal, the new CEO of trade finance firm Traydstream, said he probably wouldn’t have agreed that banks are playing a...
Eleven FI members of the R3 platform consortium have announced the next step in using the distributed ledger technology for trade finance. The banks announced...
With so many consortia and internal development teams in play, it’s difficult to assess global banks’ progress on blockchain. But analysts assure progress is being...
The possible use cases for blockchain are seemingly endless, but when behemoths like Microsoft and Bank of America Merrill Lynch (BAML) offer their take on...
Among the copious potential use cases for blockchain, trade finance has gained the confidence of many industry analysts. Barclays was one of the earlier FinServ...