HSBC, ING Execute L/C Via Blockchain for Cargill

HSBC and ING Bank successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform.

Banks Embracing Blockchain to Manage Foreign Exchange

CFO reported that banks are increasing their use of blockchain technology, in part, because it enables them to more efficiently manage foreign exchange transactions.

Credium Launches Platform to Enable Blockchain for Lenders

Tel Aviv-based Credium launched a platform to allow any credit entity holding and buying non-securitized debt to accurately price and exchange their credit assets in a blockchain-based marketplace.