Trade financing – where financial institutions provide credit facilities to guarantee exchange of goods – is long overdue a blockchain overhaul. Standard Chartered and Siemens believe they’ve made the first step.
Having just completed a bank guarantee via blockchain, the CFO of the company behind Australia's Westfield malls tells CT what’s needed to get the distributed ledger into the mainstream.
From a small Hong Kong office, a state-owned giant manages billions that bankroll global energy projects. Now, it's looking at taking its cash-pooling solutions global.