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2019-10-14 03:30:08

Marco Polo blockchain platform partners 20 banks: Russia and Germany deal underway

Marco Polo blockchain-based trade and finance platform is growing at a very fast pace. It has collaborated with over twenty (20) banks. Marco Polo is currently in the testing phase of a deal between Russia and Germany, which was revealed on October 11, 2019. This will be a trade finance transaction based on the distributed ledger technology (DLT). Alfa-Bank JSC, which is one of the largest commercial banks in Russia, and Novolipetsk Steel or NLMK, which is one of the four largest companies in Russia, will be taking part in Marco Polo’s deal. While Commerzbank AG, which is a major