SMBC is planning to use R3 and TradeIX’s Marco Polo platform to handle a trade transaction towards the end of the year.
The South Korean government is going to put all relevant documents on the blockchain making them available for banking institutions, trading institutions, and others.
It has been revealed that Initially a vehicle identification network developed within the Mobility Open Blockchain Initiative will be tested in the US.
The IDO for its native SDX security tokens will take place next year in mid-2020 and the issuance of tokens will happen on an enterprise-grade blockchain built using R3’s Corda technology.
One of the largest banking establishments in North America, Bank of America, has joined the international trade finance blockchain consortium, Marco Polo, with the aim of creating an efficient global trading network.
Using its internal DLT-based settlement service dubbed Wells Fargo Digital Cash along with company’s U.S. dollar-linked stablecoin, Wells Fargo is going to enhance its operational efficiencies.
Mastercard and R3 are entering a new partnership which will allow Mastercard to be able to process payments faster. This comes after Mastercard joined the Marco-Polo trading settlements consortium.
Mastercard revealed its participation in the Marco Polo blockchain project, a collaboration of R3 and TradeIX. The initiative provides a multi-asset class platform that offers broker-dealer services and multicurrency transactions, among other services.
By leveraging R3 Corda’s blockchain solutions, the Wethaq platform aims to improve the market infrastructure used for issuing and trading the Sukuk securities.
The Marco Polo platform, jointly developed by R3 and TradeIX, has just facilitated a new transaction entirely via blockchain. It’s a new step towards production.