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NewsroomNewsING part of groundbreaking blockchain shipment

ING part of groundbreaking blockchain shipment

14 May 2018 ... min read

14 May 2018

ING’s reputation as a leader in the use of blockchain technology has been enhanced with the bank joining forces with HSBC to conduct their first live, commercial trade finance transaction on blockchain.

The deal, for agrifood trading giant Cargill, was completed using the R3 Corda platform, with a cargo of soybeans exported from Argentina to Malaysia.

Read what Global Trade Review says about the transaction or read the HSBC press release (PDF 0.5 MB).

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