This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Set up by eight banks, including ING, BNP Paribas and HSBC in ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Formally known as Voltron, Contour uses R3’s Corda blockchain ...
Accel and Citi Ventures-backed fintech Xalts, which is used by financial institutions and businesses to build and manage digital finance applications, has today announced its acquisition of Contour ...
The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit transaction on the Contour DLT platform. The transaction was used to settle the ...
HSBC has executed the first blockchain transaction for the automotive sector in the Middle East. The transaction, enabled by the blockchain platform Contour, was between the Chinese carmaker SAIC ...
Commerzbank is reportedly the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex Exim LLP, a Singapore-based textile trader, on Contour, ...
Alfa-Bank, one of the largest private commercial banks in Russia, has joined a blockchain trade finance network backed by HSBC. According to an official announcement on Nov. 3, Alfa-Bank is the first ...
Ever since distributed-ledger technologies and blockchain entered the industry lexicon about six years ago, it has been widely believed that trade finance ought to be an area where this technology ...
The Vietnam-based bank is the latest financial institution to join Contour's network with a view to streamlining the issuance of letters of credit with the use of a blockchain and smart contracts, ...
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