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SMBC, Bangkok Bank complete blockchain trade finance test on Marco Polo Network

Recently, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) and Mitsui & Co completed a trade finance Proof of Concept (PoC) on the Marco Polo blockchain. The trial was based on a real cross-border trade between Mitsui and Indonesia’s Indorama Ventures. For the trial, Marco Polo member Bangkok Bank issued a payment guarantee for Indorama to Mitsui...


2 years ago


Product update/release
SMBC
Bangkok Bank Public Company Limited
Sumitomo Mitsui Banking Corporation
Mitsui & Co.
Marco Polo
Marco Polo Network