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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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.
2019-10-17 17:18 | |
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South Korea establishes a digital trade foundation to digitize trade financing by 2021
2019-10-16 02:04 | |
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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.
2019-9-20 09:00 | |
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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.
2019-6-30 20:33 | |
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Marco Polo is the largest and fastest growing trade finance network in the world, powered by distributed ledger technology (DLT) and focusing on bringing significant efficiencies in financing trade. It is a joint initiative bringing together R3, TradeIX and 20 leading financial institutions based in Europe, North and South America, the Middle East and the […]
2019-4-27 18:41 | |
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CryptoNinjas Comdex, a blockchain based platform for discovery, settlement and financing of cross border trades, today has announced the successful execution of the first ever settlement on the Comdex platform in January 2019.
2019-4-25 17:51 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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Domitai is a Cryptocurrency Exchange in Mexico, a trading platform for digital and traditional currencies between users. Our mission is to change the way commerce and financing is done in Mexico, and work to become one of the top financial institutions in Latam and Worldwide.
2019-4-15 06:03 | |
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The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities.
2019-3-28 18:00 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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CoinSpeaker Russian Alfa-Bank Joins the Marco Polo Network to Pioneer Trade Finance with Blockchain Technology Alfa-Bank announced that it joined the Marco Polo Network to bring significant efficiencies in financing trade and working capital.
2019-3-7 09:56 | |
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MonetaGo, a New York-based firm that claims to help businesses resolve challenges in supply chain financing and corporate issuances, is moving its fraud mitigating network from Hyperledger Fabric to R3’s Corda enterprise blockchain, reports Global Trade Review on February 26, 2019.
2019-2-28 18:00 | |
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Malaysia’s securities regulator and central bank are to strengthen their scrutiny of initial coin offerings (ICOs) through new rules meant to eliminate issues of unfair trade practices and alleged risk of money laundering and terrorism financing.
2018-12-9 23:30 | |
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ArcadierX will utilize the power of distributed ledger technology along with innovations in inventory sourcing and distribution, a platform of trust, cryptocurrency, provenance and trade financing, to strengthen Arcadier marketplace platform at the core.
2018-12-4 15:23 | |
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Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1.
2018-12-4 23:44 | |
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we. trade, a leader of blockchain based digital trade services, and three banks from the former Batavia consortium have joined forces. CaixaBank, Erste Group, and UBS have joined we. trade as banking partners and shareholders alongside the platform’s existing.
2018-10-2 13:20 | |
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Terror financing is taking on a new shape, but still retaining its old aides. Environmental crimes such as wildlife trafficking and illegal ivory sales have overtaken the drug trade as the major income source for terrorists around the world, accounting for more than a third of their revenue.
2018-10-2 11:35 | |
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Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman.
2018-9-27 22:14 | |
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Commodity traders, energy majors, and large banks have set up a new venture to digitize and facilitate commodity trade through a blockchain-based open platform, Societe Generale announced in a September 19 press release.
2018-9-23 19:00 | |
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15 крупнейших мировых корпораций основали компанию komgo SA, предназначенную для разработки Ethereum-платформы для финансирования торговли различными товарами (от нефти до пшеницы). . @ConsenSys is working with Citi, ING, Shell & more on an #Ethereum #blockchain platform for financing commodities trading.
2018-9-21 14:40 | |
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According to research conducted by the World Economic Forum (WEF) and Bain & Company, digitization and advanced technologies, like blockchain technology can help global businesses close the $1. 5 trillion trade financing gap.
2018-9-17 15:00 | |
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Blockchain can transform the supply chain. By using blockchain, small- and medium-size businesses (SMEs) around the world can obtain $1 trillion in trade financing, according to Sept. 13 whitepaper by World Economic Forum and consulting firm Bain & Co.
2018-9-15 23:00 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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Squire Mining Ltd. recently announced the closing of a non-brokered private placement equity financing of Canadian $25,500,000 to fund the developing, manufacturing, and selling data mining infrastructure and system technology.
2018-8-13 02:00 | |
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KRATOS is a decentralized physical commodities trading platform. Built on blockchain technology and smart contract, KRATOS addresses the challenges relating to insufficient trust, documentation and quality assurance.
2018-7-26 17:02 | |
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HBUS, a virtual currency marketplace and the U. S. strategic partner of Huobi, has begun accepting new registration from U. S. residents, starting today July 6, 2018.
2018-7-6 18:59 | |
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Even if blockchain fatigue may have set in among bankers, there’s at least one use case they’re still clearly excited about: trade finance. But one refreshing aspect of a largely paper-based system like trade finance is that there’s less in the way of creaking architecture.
2018-7-3 13:56 | |
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Versara, found online at Versara. trade, is the world’s first trade finance platform powered by “crypto credit enhancement. ” Find out how it works today in our review. What Is Versara? Versara is a trade finance platform where crypto investors can provide credit enhancement.
2018-6-30 23:31 | |
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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.
2018-6-13 20:24 | |
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