Friday, April 26, 2024
Home > TradeFinance

IBM Takes 7% Stake in Trade-Finance Blockchain Network We.Trade

IBM has become a shareholder in we.trade, the trade-finance platform jointly owned by 12 European banks, signaling further consolidation across the enterprise blockchain space.Ciaran McGowan, we.trade’s CEO, said the deepening relationship with Big Blue will help the platform in its next phase of global expansion.“Now we’ve got a very strong

Read More

China’s Central Bank Proposes a Blockchain-Based Trade-Finance Platform

A number of governing entities in China recently came together to issue an official document, proposing the development of a blockchain-based trade finance platform.Contributors included the People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau.In the document, the four organizations submitted

Read More