DBS Bank unveils trade finance blockchain project
The new scheme is supported by a handful of collaborators.
The new scheme is supported by a handful of collaborators.
Natixis, IBM and physical commodities trading group Trafigura have launched the first blockchain solution in commodity trade finance for US crude oil transactions. The distributed ledger platform, built on the Linux Foundation open source Hyperledger Fabric, allows “major steps” in a crude oil transaction to be digitised on the blockchain, ensuring that famous trinity of […]