Austrian Bank RBI joins blockchain trade financing platform Marco Polo

On May 8th, the Austrian bank Raiffeisen Bank International (RBI) announced that it will pilot the blockchain trade financing platform Marco Polo of R3. Marco Polo is based on the R3 native Corda platform, which provides facilities focused on opening account trade finance, and financial institutions such as ING Group, Commerzbank, Standard Chartered Bank, and Anglo American Trade Bank have joined.