On September 29, 2025, at the annual Sibos conference in Frankfurt, a moment occurred that is going to reshape the architecture of global finance fundamentally. Javier Pérez-Tasso, CEO of SWIFT, stood ...
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Traditional letter-of-credit documentation is no longer fit for purpose. Blockchain technology is now emerging as one of the most credible solutions to modernize it.
Commerzbank is reportedly the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex Exim LLP, a Singapore-based textile trader, on Contour, ...
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