The number of blockchain trade finance platforms continues to grow.
A report produced for TradeIX earlier this month suggests there are more than 30 groups of banks and other financial institutions working on systems for incorporating blockchain technology into trade finance.
While some of these platforms are still in development, others are supporting customer transactions.
For example, UniCredit in March completed its first Italian transaction through we.trade, facilitating a trade between metal packaging producer Gruppo ASA and its supplier, Steelforce.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
