The Marco Polo Network was a collaborative trade finance initiative developed by technology firms TradeIX and R3. Built on R3's Corda blockchain platform, its mission was to modernize and streamline trade finance processes by creating a more secure, transparent, and efficient ecosystem for banks, corporates, and other participants. The network aimed to digitize traditionally paper-based processes such as receivables financing, payables financing (supply chain finance), and payment commitments. Despite forming a significant consortium of global banks and corporates, the company failed to secure further funding and filed for insolvency proceedings in late 2022, leading to its closure in early 2023.

Founded in

United States