Search Results for "trade"
Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction
Oman Oil & Orpic Group and HSBC Bank Oman have succeeded in carrying out their first trade transaction via blockchain technology.
BNY Mellon Joins Marco Polo Trade Finance Consortium
The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”
South Korea Is Looking to Put Trade Finance on the Blockchain
The South Korean government wants all trade to be on the blockchain, Coindesk reports.
CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing
CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.
Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China
Standard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.
Russian PM Considers Digital Assets for Cross Border Payment
Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.
Post-Brexit Trade Transformation: IOTA’s TLIP Enhances EU-UK Logistics
The Trade and Logistics Information Pipeline (TLIP) leverages IOTA technology to streamline post-Brexit trade between the EU and UK by facilitating real-time data sharing.
Strait of Malacca: The $92 Oil Chokepoint Investors Can't Ignore
The Strait of Malacca moves 23.2M barrels of oil daily and 30% of global trade, forcing a repricing of energy, renewables, and bypass routes.
Indonesia, Hong Kong, China Sign MoU to Boost Rupiah and Yuan Trade
Bank Indonesia, PBOC, and HKMA sign MoU to enhance bilateral trade via local currencies, positioning Hong Kong as an offshore yuan hub.
IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder
IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading. Built on the latest version of the IBM Blockchain Platform, IBM has been the platform’s technology partner since the beginning. We.trade was also the first enterprise blockchain consortium to go live, back in early 2018.
US Banking Giant Patents AI Fact Checker to Simplify Investing in Crypto
Capital One Services, a subsidiary of US banking giant Capital One has patented a new artificial intelligence system to guide human cryptocurrency traders through the complicated world of misinformation in the digital assets space.
India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform
In the latest development, India’s largest port operator announced on May 27 it is adopting blockchain technology through its shipping and invoicing business.