#Marco Polo News

Japan’s Third-Largest Bank Joins Blockchain Consortia to Enhance Trade Efficiency

July 21, 2020 by Dalmas Ngetich at Blockchain

Faced by work disruptions caused by the novel coronavirus and the need to function efficiently even during crises, Sumitomo Mitsui Bank Corporation (SMBC) has today (July 21, 2020) signed a letter of intent to join Contour's Beta Network and scored a membership deal with Switzerland’s Komgo--a blockchain-based commodity trading platform whose...

Marco Polo Blockchain Consortium Adds BNY Mellon, Credit Agricole, and MUFG

Marco Polo Blockchain Platform Adds BNY Mellon, Credit Agricole, and MUFG

November 27, 2019 by Edoardo Vecchio at Blockchain

The Marco Polo consortium welcomes the Bank of New York Mellon (BNY Mellon), Japan’s MUFG, and Credit Agricole in their blockchain-based trade finance platform according to a press release by Ledger Insights dated November 26. BNY Mellon Joins Marco Polo Trade Finance Network Marco Polo Network keeps growing as three...

Bank of America Joins Marco Polo Blockchain Network

September 19, 2019 by Edoardo Vecchio at Blockchain

According to a press release published on September 19, 2019, U.S. financial institution Bank of America is joining Marco Polo, a network that aims at enhancing international trade affairs thanks to the blockchain technology. Bank of America Joins the DLT Trade Consortium U.S. banking giant Bank of America, a long-standing...