July 21, 2020 – SMBC wants to step into blockchain and digitize its trade finance networks. In the process of launching R3’s Corda Marco Polo trade digitalization platform, the Japanese bank is now joining a consortium of which the Singapore-based Contour was rigorously tested before their commercial rollout early this year. 

Contour digitizes the trade finance workflow. Like the Marco Polo Trade Digitization platform, is under-girded by R3’s technology.