Major Singapore Bank Completes First DLT Trade Financing Transaction

Major Singapore Bank Completes First DLT Trade Financing Transaction
фото показано с : cointelegraph.com

2019-10-18 16:30

A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction

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trade financing transaction investment asian largest banks

trade financing → Результатов: 31


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CIMB Bank executes first trade financing transaction on iTrust blockchain - CryptoNinjas The Singapore branch of CIMB Bank (CIMB), a Malaysian universal bank headquartered in Kuala Lumpur and iTrust, a blockchain-powered trade financing platform, today announced they have successfully completed their first structured trade financing transaction using iTrust’s platform.

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According to a report published by swissinfo. ch on September 19, 2019, Arab Bank Switzerland has joined the list of established banks which offer access to digital asset products. A New Bank in the Crypto Sphere Arab Bank Switzerland, a bank specializing in private banking and trade financing, has partnered with blockchain technology firm Taurus, toRead MoreRead More.

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Traxia (Binance Chain) aims to make trade finance more accessible to SMEs so they can finance day-to-day business activity. By building a decentralized exchange of debt securities (tokenized invoices, tokenized letters of credit, etc), Traxia is using technology and a set of new processes to enhance access of SMEs to institutional investors, improving visibility, reducing risks and lowering financing costs of discounting invoices for example.

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Blockchain Trade Finance Network Marco Polo and TradeIX Adds Three New Key Members To Group

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Shell, Citi, Credit Agricole и ConsenSys задействуют блокчейн в товарно-сырьевой торговле

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

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