Search Results for "lc"
Australia Uses Blockchain to Enhance Cross Border Trade With Singapore
The Australian Border Force (ABF) is launching a blockchain trial that is targeted at enhancing cross border trades with Singapore
DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda
Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.
HSBC Successfully Executes First Blockchain Letter of Credit in Malaysia
HSBC announced its successful execution of a pilot live blockchain letter of credit (LC) transaction in Malaysia on Oct. 14.