Blockchain

NatWest onboard with Marco Polo initiative

The UK’s third largest bank lines up alongside BNP Paribas, Commerzbank, ING, Standard Chartered Bank, Natixis, Bangkok Bank, SMBC, DNB and OP Financial Group on the platform, which launched in 2017.

Rival offering, we.trade, which is built on Hyperledger Fabric and has nine banks onboard, recently went live. Marco Polo, however, is still in pilot phase, although it is set to enter production in the fourth quarter.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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Scott Thompson
Tags: BlockchainMarco PoloNatWestTrade finance
7 years ago

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