Marco Polo Network

R3 Closes ‘Largest’ Trade Finance Blockchain Pilot Ever, Involving 70+ Global Organizations

December 24, 2019
Enterprise blockchain giant R3 has announced the completion of a trial of a trade finance network dubbed Marco Polo Network, terming it the biggest financial trial ever. According to CoinDesk, the piloting involved over 70 firms coming from 25 nations. More than 340 representatives from the participating organizations took part in the trials and were

Alfa-Bank, Commerzbank Pilot Cross-Border Payments on R3’s Marco Polo

October 15, 2019
Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank and Vesuvius GmbH, are piloting Russia-Germany cross-border payments on R3’s Marco Polo network. Powered by R3’s Marco Polo Blockchain Global Trade Network On Oct. 11, Alfa-Bank announced that it is launching a foreign trade finance pilot transaction, with the cooperation of NLMK, Commerzbank and Vesuvius

Mastercard Joins Blockchain Software Firm R3’s Marco Polo Network

September 10, 2019
American financial services giant Mastercard has joined blockchain software company R3’s Corda-powered Marco Polo Network for trade finance. In a news release published on Sept. 3, Mastercard revealed its participation in the project, a collaboration of R3 and Irish tech company TradeIX that launched in 2017. The initiative provides a multi-asset class platform that offers broker-dealer

Largest Bank of Africa, Standard Bank, Becomes Newest Member of The Marco Polo Network

August 27, 2019
Standard Bank, known as the largest banking institution in the African continent, has recently decided to join forces with the Marco Polo Network, a blockchain-based financial company. Now, the bank will start to create financial solutions together with the blockchain company. According to the press release, several other important institutions are also partners of Marco