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August 13, 2022
Finance Technologies

Bank-backed blockchain trade platform Contour launches in Singapore

Contour, the blockchain-based trade finance platform backed by eight banks including ING, HSBC, BNP Paribas and Standard Chartered, has launched in Singapore. Now established as a fully independent network, the trade platform is inviting banks and corporates to join its beta network. Co-created in 2018 by the banks in a bid to digitise and modernise the market, the launch follows a series of live pilots in 14 countries and a global trial which involved more than 50 banks and corporate companies. Contour is built on R3’s Corda platform Also involved in the building and launch was R3, the blockchain platform which…
Bank-backed blockchain trade platform Contour launches in Singapore

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