National Bank of Canada Trials Blockchain Platform for Trade Finance

Updated: 03 August 2021

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The National Bank of Canada has announced the successful completion of a pilot program in collaboration with IT firm CGI and blockchain startup Skuchain to use blockchain technology in trade finance. The initiative aimed at improving and streamlining the process for negotiating standby letters of credit and guarantees, the complex conditional agreements used by banks […]

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Diana Ngo

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National Bank of Canada Trials Blockchain Platform for Trade Finance

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