• About us
  • Contact Us
  • Privacy & Policy
CryptoCoinNewsHub.com
No Result
View All Result
Saturday, July 11, 2020
  • Home
  • Live Updates
    • Cryptocurrency Prices
    • Live ICO
    • Live Exchange
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Blockchain
  • Tech
  • Business
  • Trading
CryptoCoinNewsHub.com
  • Home
  • Live Updates
    • Cryptocurrency Prices
    • Live ICO
    • Live Exchange
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Blockchain
  • Tech
  • Business
  • Trading
No Result
View All Result
CryptoCoinNewsHub.com
No Result
View All Result
Home Blockchain

Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network

September 19, 2019
in Blockchain
2 min read
0
Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Bank of America has joined R3’s Corda-powered Marco Polo Network “to tackle trade finance challenges.”

“Tackle trade finance challenges”

On Sept. 19, Marco Polo announced the multinational investment bank was joining its network to improve international trade inefficiencies and deliver a better service for its customers. Geoff Brady, head of global trade at Bank of America, said:

“Joining the Marco Polo Network supports our strategic objective of turning technology advances into trade solutions that address client needs. We look forward to exploring how the new technology can generate greater transparency for our clients throughout the transaction lifecycle, making traditionally paper-based, opaque processes easier and more efficient.”

Daniel Cotti, managing director for the Marco Polo Network, said he is looking forward to working with Bank of America to address critical market challenges.

Following in the footsteps of Mastercard

Cointelegraph reported in the beginning of September that American financial services giant Mastercard had also revealed its participation in the project, a collaboration between R3 and Irish tech company TradeIX. The initiative provides a multi-asset class platform that offers broker-dealer services and multicurrency transactions.

Cointelegraph also wrote that Marco Polo onboarded three new members for piloting and evaluation purposes, namely financial services firm BayernLB, Frankfurt-based bank Helaba and back office service provider S-Servicepartner.


Credit: Source link

RELATED  Bitcoin Price Holds $10,000 as Top Cryptos See Mixed Movements
  • Trending
  • Comments
  • Latest
Bittrex Strikes Partnership with Bahrain-Based Rain Crypto Exchange

Bittrex Strikes Partnership with Bahrain-Based Rain Crypto Exchange

August 1, 2019
Cybercriminals Sneak in Crypto Mining Malware via Confluence Software Exploit

Cybercriminals Sneak in Crypto Mining Malware via Confluence Software Exploit

July 23, 2019

Invest in Bitcoin: What Experts Are Recommending

December 26, 2019
Circle and Coinbase Invite More Members to Consortium Behind US Dollar Coin

Circle and Coinbase Invite More Members to Consortium Behind US Dollar Coin

June 13, 2019

Confiscated Bitcoins by Tax Agents Remain in a Criminal’s Wallet

February 7, 2020

XRP Beats Ethereum and Bitcoin as the Best Performing Crypto

February 1, 2020

Robin Hood- Problems in more than just Sherwood Forest

January 28, 2020

One Wallet Has 27% of Ether in Old MakerDAO Network

January 26, 2020
CryptoCoinNewsHub.com

CryptoCoinNewsHub.com is an online news portal which aims to provide latest trendy crypto news around the world with real time updates.
Email us hello@cryptocoinnewshub.com

Topics to Cover

  • Bitcoin
  • Blockchain
  • Business
  • Crypto News
  • Ethereum
  • Ripple
  • Tech
  • Trading

Whats New Here!

  • Confiscated Bitcoins by Tax Agents Remain in a Criminal’s Wallet
  • XRP Beats Ethereum and Bitcoin as the Best Performing Crypto
  • Robin Hood- Problems in more than just Sherwood Forest

Subscribe to get more

Simply subscribe to our newsletters and we will be in touch. Don't worry, we won't spam you

© 2019 CryptoCoinNewsHub.com - All rights reserved

No Result
View All Result
  • Home
  • Live Updates
    • Cryptocurrency Prices
    • Live ICO
    • Live Exchange
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Blockchain
  • Tech
  • Business
  • Trading

© 2019 CryptoCoinNewsHub.com - All rights reserved

  • bitcoinBitcoin(BTC)$8,152.26-0.70%
  • ethereumEthereum(ETH)$175.30-1.63%
  • rippleXRP(XRP)$0.252799-0.58%
  • bitcoin-cashBitcoin Cash(BCH)$242.68-2.16%
  • tetherTether(USDT)$1.000.27%
  • litecoinLitecoin(LTC)$55.01-1.92%
  • eosEOS(EOS)$3.11-2.39%
  • binance-coinBinance Coin(BNB)$18.56-2.84%
  • cardanoCardano(ADA)$0.042556-2.10%
  • stellarStellar(XLM)$0.064655-3.04%
  • tronTRON(TRX)$0.016891-2.25%
  • moneroMonero(XMR)$58.64-0.32%
  • neoNEO(NEO)$11.682.51%
  • iotaIOTA(MIOTA)$0.245122-1.96%
  • dashDash(DASH)$65.431.15%
  • nemNEM(XEM)$0.039494-0.75%