INTERVIEW: Aquifer Institute to launch block chain trade financing platform

Aquifer Institute has completed its first test on its block chain trade financing platform for base metals and is ready for “soft launch,” ceo and founder Yvonne Zhang said in an interview with Metal Bulletin.

The Aquifer platform helps in the trade execution of global commodities trade by partnering with key market participants including trading house Kyen Resources Pte. It also has Streami Inc as a market maker and is working on collaborations with payment firms M-DAQ and MasterCard. The regulator supporting the initiative is IE Singapore. “Aquifer Institute is launching a platform empowered by Smart Contracts and digital tokens with the aim of offering lower cost of...

Published

Shivani Singh

September 22, 2017

18:09 GMT

London