Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
Lloyds (LON:) Bank is partnering with blockchain platform Komgo to streamline its commercial banking division.
On Sept. 25, United Kingdom financial news outlet FStech reported that Lloyds Bank has partnered with the distributed ledger technology firm Komgo. Lloyds Bank, one of the “Big Four” clearing banks in the U.K., said that it would use Komgo’s platform “to enable quicker international commodity trade finance,” adding:
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