IBM Partners With Major Banks For Blockchain Trade Finance Platform

IBM Partners With Major Banks For Blockchain Trade Finance Platform

IBM has partnered with major banks including Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, and UBS to develop a blockchain trade finance platform. According to the report, the project named as Batavia has passed its first live pilot transaction. The platform developed was said to be able to integrate track and trace key events and many more.

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