Contour


Markets

HSBC Carries Out Bangladesh's First Blockchain Letter-of-Credit Transaction

HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit.

hsbc

Markets

Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain

The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan.

Credit: Daniel Fung/Shutterstock.com

Tech

Vietnam's HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates

The bank has signed on to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm.

Da Nang City, Vietnam (Credit: Shutterstock)

Markets

Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup

Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions.

SHIPPING SOON: Contour, the recently-rebranded Voltron blockchain trade finance startup, plans to commercialize its letter-of-credit service following several successful pilot projects.

Pageof 1