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Tag: Letters of Credit

DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud

The Singapore-based multinational banking entity DBS and Standard Chartered have completed the proof-of-oncept of their blockchain trade finance platform called the Trade Finance...

Container shipping laden with ‘antiquated processes’

Until container carriers can agree on a common “business language,” the electronic conveyance of important information will be lost in translation, according to...

IBM joins 12 banks backing blockchain platform We.Trade

IBM has joined 12 banks, including UBS, Deutsche Bank, and HSBC, in backing blockchain-based platform We.Trade, which brands itself as “a digital one...

Singaporean Bank Enlists Blockchain to Digitize Trade Settlements 

DBS Bank, a commercial banking institution based out of Singapore, is the latest in the growing list of conventional banks, including blockchain tech in their [...]

The post Singaporean Bank Enlists Blockchain to Digitize Trade Settlements  appeared first on InsideBitcoins.com.

US Treasury to Complete PoC of Blockchain-Based Grants Payment System

The United States Treasury Department has almost completed tests of a blockchain-based grants payment capability as part of the exploration of how the...

Avoiding the pointless blockchain project

How to determine if you’ve found a real blockchain use caseBlockchains are overhyped. There, I said it. From Sibos to Money20/20 to cover...

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