Tagged: sriram muthukrishnan

Singapore’s DBS and Standard Chartered are Leading a DLT based Digital Trade Finance Registry Project

Singapore based DBS Bank Ltd, (SGX: D05), a multinational banking and financial services corporation with over $330 billion in assets, and Standard Chartered, a major British financial services provider, are reportedly leading a workgroup of 12 other banks that are helping to develop a proof-of-concept… Read More

Digital Trade Finance: Singapore’s DBS Bank Facilitates Transaction via vCargo Cloud’s CamelONE Portal

Singapore-headquartered DBS Bank, a multinational banking and financial services corporation with over $330 billion in total assets, has reportedly facilitated a trade financing settlement through vCargo Cloud’s CamelONE trade finance portal (TFP). The SGD 4.8 million (appr. $3.4 million) letter of credit transaction was carried… Read More

Singapore Banking Group DBS Completes First Digital Trade Financing Settlement, Performed on New Network Trade Platform

Singapore banking group DBS has reportedly completed the first all-digital trade financing settlement, which was conducted on the country’s newly developed Network Trade Platform (NTP). The platform is blockchain-based but NTP appears to go out of its way not to focus on the technology and… Read More

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