Blockchain for Banking Feature News Supply chain

Trade finance blockchain race is about to start

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we.trade is a trade finance blockchain application owned by nine banks. The platform’s launch in the coming weeks will be a genuine milestone in enterprise blockchain as the first significant trade consortium to go into production. While other projects are live, such as Finastra and EY/Maersk insurance, they don’t involve a consortium of competitors. One of the most interesting aspects is what’s involved in getting a project from pilot to production. That’s explored below.

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