PYMNTS-MonitorEdge-May-2024

voltron

Citi Joins Trade Finance Network
Citi Joins Trade Finance Network
February 20, 2020  |  B2B Payments

Citi is signing on to Contour’s blockchain-driven trade finance network, Contour announced in a press release on Sunday (Feb. 16). The bank joins numerous banking giants...

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Bitcoin Daily: HSBC Issues First Yuan-Based Letter Of Credit; Sierra Leone Gov’t To Launch Blockchain ID System
Bitcoin Daily: HSBC Issues First Yuan-Based Letter Of Credit; Sierra Leone Gov’t To Launch Blockchain...
September 02, 2019  |  Bitcoin

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...

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Trade Finance Gets Blockchain Boost
Trade Finance Gets Blockchain Boost
November 12, 2018  |  News

Readers of this space know that trade finance — which concerns both domestic and international B2B transactions — has been mired in paper.  Paper checks,...

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