Seven Major European Banks Select IBM to Bring Blockchain-Based Trade Finance to Small and Medium Enterprises

Date Wednesday, June 28, 2017

(NYSE: IBM) today announced that it has been selected by a consortium of seven of Europe's largest banks to build and host a new trade finance platform based on IBM Blockchain powered by Hyperledger Fabric. The platform is designed to simplify and facilitate domestic and cross-border trade for small and medium enterprises in Europe, while helping to increase overall trade transaction transparency.

Click here for the press release: Seven Major European Banks Select IBM to Bring Blockchain-Based Trade Finance to Small and Medium Enterprises