As banks and fintech players gather for this year’s Money20/20 conference in Copenhagen, a consortium of seven of Europe’s largest financial institutions reveals details on its new blockchain trade finance platform for SMEs. Going live later this year, Digital Trade Chain will be built and hosted by IBM and powered by Hyperledger Fabric 1.0.
As such, the platform will be one of the first bank-led blockchain platforms to go into production in the trade finance space.
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