Deutsche Bank, HSBC and five other big banks form 'Digital Trade Chain' consortium

Seven large banks are collaborating on a blockchain-based trade finance and supply chain platform called Digital Trade Chain, which aims to make domestic and cross-border commerce easier for European small and medium-sized enterprises. Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit have signed a Memorandum of Understanding in…