68  Blockchain

• India Trade Connect (Infosys Finacle): Infosys Finacle is a blockchain-

based trade finance initiative to support a comprehensive set of end-

to-end trade and supply chain business functions.

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⚬Website: https://www.infosys.com/newsroom/press-releases/2018/

pioneers-blockchain-based-trade-network.html

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⚬Technology used: Technology agnostic and certified to work on

most of the vendors like R3 Corda, Hyperledger and Ethereum.

• Komgo: Komgo is a live, fully decentralised commodity trade finance

network with more than hundreds of banks, intermediaries, block-

chain companies etc. on the platform. Komgo offers multiple products

with three main ones that stand out:

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⚬Digital trade finance-related products like letters of credit, receiv-

ables discounting and inventory financing etc.

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⚬Know your customer (KYC) solution

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⚬Certification feature that allows Komgo users and non-users to stamp

their documentation on the network to ensure their authenticity.

– Website: https://www.komgo.io/about

– Technology used: Quorum blockchain

• Marco Polo TradeIX: Marco Polo TradeIX network consists of about

30+ banks, 30+ Corporates and 10+ Technology partners to have

a global reach in trade finance. The main aim of the platform is to

facilitate working capital finance solutions through distributed trade

finance platform.

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⚬Website: https://www.marcopolonetwork.com

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⚬Technology used: R3 Corda

• Minehub: Minehub is a digital supply chain platform for the mining

and metals industry. Minehub platform supports:

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⚬The end-to-end digital platform for mining and supply chain

participants

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⚬Real-time visibility and collaboration of upstream and down-

stream supply chains

– Website: https://minehub.com

– Technology used: Hyperledger fabric

• TradeFinex: TradeFinex is a peer-to-peer decentralised platform for

trade finance. It can be described as a hybrid blockchain that can

connect to multiple platforms by operating as a blockchain agnostic

solution. TradeFinex supports receivables (invoices), letters of credit,

guarantees and bills of landing, to name a few.

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⚬Website: https://www.tradefinex.org

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⚬Technology used: XDC protocol (https://www.xinfin.org/xdc-

protocol.php)

• TradeWaltz: TradeWaltz is a blockchain-based trade finance platform.

It was built by NTT DATA to enable an open and global trade ecosys-

tem that will enable all participants to share information and deliver

new value to all users.

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⚬Website: https://www.tradewaltz.com/en/

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⚬Technology used: in-house development