(3.29.17) Global Trade Review: Hyperledger chief: live blockchain solutions in trade finance this year

By March 29, 2017News

Brian Behlendorf is the executive director of Hyperledger, the open source blockchain consortium powering much of the trade finance industry’s experimentations on the technology to date.

Hyperledger Fabric is the platform on which HSBC and Bank of America Merrill Lynch piloted a scheme in 2016 showing that letters of credit can be executed on the blockchain. Also in 2016, India’s Yes Bank launched a solution on Hyperledger Fabric, allowing vendors of a retail chain invoice discounts for advance payments.

More here.