Trade finance consortiums to gather for the first time


The major trade and receivables finance blockchain consortiums such as we.trade, Marco Polo, Komgo and Voltron, will gather at a major international conference, Consortia 2019, in London this May. The Consortiums will present their pioneering blockchain and DLT initiatives through case studies, live demos and panel discussions on how blockchain could begin to transform trade and receivables finance in the near future. The aim of the event is to provide the global trade and receivables finance sector a chance to find out what these consortiums are offering, how they differ from each other and what their plans are for the future.

Dani Cotti, Managing Director, Centre of Excellence, Banking & Trade, Marco Polo said: “Blockchain and DLT is showing huge promise in being able to revolutionise the way trade and receivables finance is being transacted. At Consortia 2019 I fully expect people to come away with completely new thinking in the way banks will perceive the future of this sector”.

Demand for more information about the consortiums has never been stronger as global trade and receivables finance banks assess the rapidly growing enthusiasm for DLT structures. Consortia 2019 will provide opportunity for discussion, explore the business opportunities these new technologies offer to banks, funders, SMEs, government bodies, trade bodies and corporates.

Roberto Mancone, Chief Operating Officer, we.trade commented: “Interest in blockchain technology within trade and receivables finance has developed immensely in the last 18 months. The we.trade platform addresses the expectations of companies to make cross-border trade more straightforward and for banks to reimagine their trade finance product offerings. For the first time, competitors are joining forces to solve all the complexities of trade finance and to look at creating a network of networks. Consortia 2019 is an opportunity for trade finance banks and other interested parties to find out about what’s really happening right now in this space, and what the future holds for simple, seamless and trustful trade.”

Consortia 2019 will be held at the Hilton London Metropole Hotel, on 21 and 22 May. For more information: https://bcrpub.com/events/consortia-2019

Source: Cointelegraph