Natixis Joins R3’s Trade Finance Blockchain Initiative

[kreslik.news]

As the competition to revolutionize the trade financing space using blockchain is getting fierce, more and more players are joining blockchain consortiums.

Recently, the French corporate and investment bank Natixis announced that it has joined R3-led trade finance network Marco Polo.

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Last year, R3, an enterprise software firm developing blockchain-based products, along with trade finance technology firm TradeIX launched Marco Polo to disrupt the $40 trillion trade financing industry. The firms also partnered with multiple major financial institutions around the world to mould the development based on the practical needs ... (read more)