Blog

Recent developments of note include:

LC LITE hopes to streamline the US$2.3T letters of credit (LC) market with a blockchain-based platform. It will connect trade parties directly via a digital solution for cross-border trade transactions requiring letters of credit. 

https://www.enterprisetimes.co.uk/2019/02/14/lc-lite-to-put-letters-of-credit-on-blockchain-platform/

Standard Chartered Bank makes its first Singapore trade finance deal using blockchain.

https://www.businesstimes.com.sg/banking-finance/stanchart-makes-its-first-singapore-trade-finance-deal-using-blockchain

ZIM Line progresses to next phase of its Blockchain initiative.

https://shippingandfreightresource.com/zim-line-progresses-to-next-phase-of-its-blockchain-initiative/

Ripple and Euro Exim to trial new blockchain-based trade finance capability.

https://www.gtreview.com/news/fintech/ripple-and-euro-exim-to-trial-new-blockchain-based-trade-finance-capability-for-xcurrent/

Chevron, Total and Reliance have joined a group of oil and gas companies - such as BP and Royal Dutch Shell, among others - in Vakt, a digital platform for crude oil trading based on the blockchain technology.
https://ihodl.com/topnews/2019-01-16/chevron-total-and-reliance-joined-blockchain-based-oil-trading-platform/

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