Trade - Page 2 of 314

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

A report published on the Global Times on Nov. 7 stated that the Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services. This proposal was signed … Continue reading Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds, a global crypto asset management firm, has said it will issue an exchange-traded note (ETN) for Bitcoin of up to 100,000,000 notes, tracking the NYSE Bitcoin Index (Ticker: NYXBT). The notes may be subscribed to by qualified investors with both EUR and BTC, with a minimum subscription size of 100,000 Notes and an … Continue reading Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Comdex Accomplishes Over $10M Trades via Commit Blockchain

Comdex, a commodity trading platform that is powered by the Commit blockchain, has facilitated trades valued at more than $10M. Expressly, one of Comdex’s objectives entails revolutionizing the commodity trade market that is deemed laggard and archaic. It has accomplished this through the Commit blockchain based on the trade volumes witnessed. So what is the … Continue reading Comdex Accomplishes Over $10M Trades via Commit Blockchain

Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat

Tassat and Blockfills entered into a strategic partnership to create an institutional Trade-at-Settlement (TAS) product for spot bitcoin (XBT/USD), which will expectedly to be open in the market for traders in mid-December. According to the report, this trading option will permit traders to deliver their block bitcoin orders at a specific price and at three … Continue reading Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat

BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network

The Marco Polo Network announced a new strategic partnership with the Bank of New York Mellon (BNY Mellon) to create a vast financial atmosphere that will ensure economic as well as trade growth, making BNY Mellon a member of the top network of financial institutions which leverages blockchain technology for trade finance. Some of these … Continue reading BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

Thailand’s Trade Policy and Strategy Office (TPSO) has revealed its intentions of using blockchain technology to trace agricultural products from farms to export as this will optimize buyers’ confidence. The traceability of organic rice will be tested initially, and other agricultural products will follow suit. The blockchain system to be deployed will trail the process … Continue reading Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

BNY Mellon Joins Marco Polo Trade Finance Consortium

This article is contributed by our content partner, Nexchange NOW. The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:” The $373-billion asset bank is evaluating Marco Polo’s … Continue reading BNY Mellon Joins Marco Polo Trade Finance Consortium

Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction

On their 49th National Day, Oman Oil & Orpic Group and HSBC Bank Oman succeeded in carrying out their first trade transaction via blockchain technology. The transaction which according to the report, clarifies in a deeper way the commercial and functional potential of blockchain involved the shipping of polypropylene to Abu Dhabi National Carpet Factory … Continue reading Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction

CoinMarketCap Puts Wash Traders On Notice With New Metric

CoinMarketCap’s new “Liquidity” metric is coming down hard on exchanges that harbor wash traders. Wash trading is a process whereby a trader buys and sells an asset for the express purpose of manipulating trading volume and feeding misleading information to the market. In some situations, wash trades are executed by a trader and a broker … Continue reading CoinMarketCap Puts Wash Traders On Notice With New Metric

Accenture Forms Strategic Partnership with TradeIX, Joining the Marco Polo Network

Professional services firm Accenture has partnered with TradeIX to create new use cases for the buyers and sellers in the trade finance market. TradeIX, a trade finance blockchain startup, previously launched the Marco Polo Network along with R3. It was announced earlier that Accenture Ventures had invested an undisclosed amount in TradeIX, while Accenture also became a strategic partner with … Continue reading Accenture Forms Strategic Partnership with TradeIX, Joining the Marco Polo Network