Japan’s Third Largest Bank Completes Blockchain Trade Finance Test

Sumitomo Mitsui Banking Corporation (SMBC), the third largest bank by assets in Japan, is set to begin utilizing R3’s Marco Polo trade finance blockchain on a commercial basis by the end of the year. The bank said on Friday last week that a cross-border proof-of-concept test was successfully completed involving Mitsui & Co, a Japanese […]

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We.Trade Co-Founder Mancone Is Leaving the Enterprise Blockchain Firm

Roberto Mancone, the charismatic chief operating officer of trade finance platform we.trade, is leaving the company. One of the co-founders of we.trade, Mancone said he was proud to have led the platform as it became a legal entity and to have seen it grow from seven banks to 14. However, he said his own personal […]

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