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Anvil Launches DeFi Protocol for Letters of Credit
23.1.2025
Founder Tyler Spalding sees the Ethereum-based smart contract project as a step towards creating a new form of money for payments, loans and counterparty credit in DeFi
Vietnamese bank issues its first letters of credit on the blockchain
6.1.2021
HDBank has processed its first L/C transactions since joining the Contour platform for international trade
HSBC Carries Out Bangladesh’s First Blockchain Letter-of-Credit Transaction
3.11.2020
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
11.5.2020
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process
Vietnam’s HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates
8.5.2020
The bank has signed up to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm