Overview

MARCO POLO

Information by Research TrustFinance

https://www.marcopolo.finance/

The Marco Polo Network was a leading initiative in digitizing global trade finance, developed by the technology firm TradeIX in partnership with R3 and a consortium of major financial institutions. Launched to streamline and modernize trade finance, it utilized R3's Corda blockchain technology to create a more secure, efficient, and transparent environment for financing and managing trade payables, receivables, and other assets. The network aimed to reduce the complexities and inefficiencies of traditional paper-based trade processes. Despite significant partnerships with global banks, the company ceased operations and was wound down in early 2023 after failing to secure further funding.

Founded in
France

France


Industry

    Technology

  • Software Trading PlatformPRIMARY

    Financial

  • Other Service