BankingFinTech

Sberbank: Joins Komgo blockchain platform

  • Sberbank is the first Russian bank that joined a commodity trade finance blockchain platform
  • Commodity trade finance is a strategic business of Sberbank (Switzerland) AG
  • Komgo is based on the blockchain technology that enables participants to quickly exchange data in a digital, secure, and decentralized way
  • The platform provides a wide range of solutions that facilitate trade finance between participants and increase the speed of transactions
  • The blockchain technology allows stakeholders to control a deal in real time
  • Sberbank an important strategic partner for Komgo. Their membership brings another layer of trust to digital network
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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