Standard Chartered, Siemens, and TradeIX: Blockchain-based smart guarantees

Standard Chartered- Blockchain Project

The Standard Chartered is to develop blockchain-based smart guarantees for trade finance. Standard Chartered has partnered with Siemens Financial Services and TradeIX. The solution is built using R3’s Corda distributed ledger and application layer provided by TradeIX. Reportedly, the Standard Chartered and TradeIX have been active in various other blockchain projects.

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