Trade Finance
Li Wangjian, CEO of UQPAY: Blockchain Technology Is Reshaping Supply Chain Finance
The concept of blockchain emerged in 2016 and was popularized in the latter half of 2017, along with the rapid rise of bitcoin, and then declined due to the crackdowns on ICO and virtual digital currency trading by the Central
Read MoreSingapore: World’s First Blockchain-Based e-Certificate of Origin
The world’s first blockchain-based platform for electronic certificates of origin was unveiled in Singapore to industry leaders by the Singapore International Chamber of Commerce (SICC) and Singapore based cross-border trade facilitation solutions provider vCargo Cloud. As the first chamber in
Read MoreEY, Guardtime and Industry Participants Launch the World’s First Marine Insurance Blockchain Platform
EY and Guardtime announce the world’s first blockchain platform for the marine insurance sector. The platform launches in collaboration with A.P. Møller-Maersk A/S, ACORD, Microsoft, MS Amlin, Willis Towers Watson and XL Catlin and after a 20-week proof of concept.
Read MoreFintech Logistic Startups Seek to Provide Greater Efficiency in Supply Chain
Supply chain and logistics tech companies are gaining momentum with over US$8.3 billion in venture capital having been injected into the sector since 2012. Supply chain and logistics tech companies are those that use software to improve efficiency across the
Read MoreCommonwealth Bank, Wells Fargo and Brighann Cotton Pioneer Landmark Blockchain Trade Transaction
World-first interbank open account transaction provides more efficient and effective method for the shipment of goods. Commonwealth Bank of Australia (Commonwealth Bank), Wells Fargo and Brighann Cotton have undertaken the first global trade transaction between two independent banks combining the
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