Trafigura pilots US$20m trade on Singapore blockchain platform

Read Full Article At The Original Source

<p>A NEW blockchain platform meant to tackle the perennial problems behind the trillion-dollar trade finance market has been developed in Singapore among partners including commodity trading giant Trafigura and DBS, with a US$20 million pilot trade to be transacted via it.</p>


Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About