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Further Discussions => Blockchain Technology => Topic started by: Lenipiw on September 16, 2020, 01:08:56 PM

Title: Russia’s largest bank joins blockchain trade finance platform
Post by: Lenipiw on September 16, 2020, 01:08:56 PM
The Swiss arm of Russia’s largest bank is exploring blockchain-based trade finance. A subsidiary of Sberbank, Russia’s largest bank, has joined a blockchain-based platform for commodity trade finance.

Sberbank Switzerland AG has signed an agreement with Swiss trade finance platform Komgo to apply its blockchain-powered trade finance service.

Representatives from Sberbank Switzerland told Cointelegraph that the collaboration with Komgo addresses the growing digitization of trade finance.
Visit here: https://cointelegraph.com/news/russia-s-largest-bank-joins-blockchain-trade-finance-platform