Why Citi has joined other banks behind this trade-finance blockchain network.
The bank is going live with B2B fintechs in credit and trade finance, partly to grow fee-based income.
The bank’s global head of fintech, Olivier Guillaumond, sees an opportunity in securitization platforms.
There is a world of difference in gains made by trade-finance blockchain from Cargill’s pilot in May to this month’s deal for Reliance Industries.
HSBC’s live transaction on “Voltron” shows trade finance is closer to blockchain deployment – but which blockchain?