Japan’s third-largest bank by assets Sumitomo Mitsui Banking Corporation (SMBC) has successfully implemented Marco Polo’s blockchain trade finance platform, according to the official press release on Oct 18. With the seamless implementation of the Proof-of-Concept (PoC) deploying Marco Polo’s blockchain trade finance platform, SMBC is all set to make an official rollout of the blockchain platform commercially by the end of this year. The platform that was jointly developed by the R3 LLC and TradeIX Limited enabled carrying out actual cross-border trading with Mitsui & Co, Indorama Ventures Group, Bangkok Bank Public Company Limited, and SMBC. SMBC takes blockchain trade
