Category: trade

ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan

As ABN AMRO drops its exploration of a cryptocurrency wallet product, the Dutch bank says it’s seeking to launch a blockchain platform for trade inventory. The bank said in a news release Friday that it’s currently “exploring options” for bringing the platform, called Forcefield, to market, and is in discussions […]

Trade Organization ICC Eyes Blockchain Adoption for Its 45 Million Members

The world’s biggest business organization is making blockchain technology available to its 45 million members, including Amazon, Coca Cola, Fedex, McDonald’s and PayPal. Announced Thursday, the 100-year-old International Chamber of Commerce (ICC) has partnered with Singapore-based blockchain startup Perlin to improve supply chain processes at member firms, making them more traceable […]

Now You Can Use Qtum to Trade on Global Markets

Qtum, an open source public blockchain platform for decentralized applications and smart contracts, announced today that its native cryptocurrency, QTUM, can now be used to invest in traditional markets on mobile trading app Quantfury. The partnership is designed to help Qtum’s Asian user base, which has typically been unable to […]

London Metal Exchange Backs Plan to Track Physical Metals With Blockchain

The London Metal Exchange (LME), which boasts the world’s largest market for metal derivatives, is said to be supporting an initiative to track physical metals using blockchain. A Financial Times report on Tuesday citing “people familiar with the effort” said that the LME has backed a consortium initiative led by […]

UPS Targets B2B Sales With New Blockchain E-Commerce Platform

U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business (B2B) sales into the digital age. Announced yesterday, UPS has inked a deal with e-commerce company Inxeption to develop a platform to facilitate business-to-business sales, one supported by blockchain technology. The platform, called Inxeption Zippy, will […]

Top Korean Actor Invests in Blockchain Seafood Trade Startup

Popular South Korean actor and businessman Bae Yong-joon has invested an undisclosed sum in blockchain-based seafood trade startup Seamon. Revealing the news exclusively to CoinDesk Korea, Seamon head Lee Jung-hoon said that, while he cannot disclose the amount of Bae’s investment, it is “a meaningful amount” worth “more than tens […]