News
21 July 2020

SMBC joins trade finance consortia komgo, Contour

Region:
Asia-Pacific

Sumitomo Mitsui Financial Group (SMBC) is joining two blockchain trade finance consortia, komgo and Contour to improve efficiency in trade.The Japanese bank has already trialed the Marco Polo open account blockchain platform. It also signed a deal with Japan’s SBI to explore taking 14% stake...

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