Customers / Partners
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