2023-9-19 12:26 |
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.
Similar to Notcoin - Blum - Airdrops In 2024
2023-9-19 12:26 |
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.
Similar to Notcoin - Blum - Airdrops In 2024
Commercial bank National Bank of Canada is working with IT consulting firm CGI and blockchain startup Skuchain to trial blockchain for operations involving standby letters of credit and guarantees.
2018-10-23 19:07 | |
CGI, Group Inc. , a renowned IT, and business consulting firm, announced on October 21 a collaboration with the National Bank of Canada and Skuchain, a blockchain technology company aimed at optimizing the supply chain, in a pilot program to streamline and improve the process for negotiation standby letters of credit and guarantees.
2018-10-23 15:59 | |
The National Bank of Canada has announced the successful completion of a pilot program in collaboration with IT firm CGI and blockchain startup Skuchain to use blockchain technology in trade finance.
2018-10-23 21:52 | |
Feniks. Finance is a new financial blockchain based system, created on a fundamentally new concept, capable of scaling its speed as needed and adding new functionality. Feniks. Finance can be used as an international banking system for information transfer and payment execution.
2018-9-4 12:03 | |
Trade finance is a complex and tedious process that involves a large number of participants. With the risks involved being quite high, especially in international trade finance, banks have stepped in to mitigate them through various products such as letters of credit and bank guarantees.
2018-7-7 01:00 | |