
Japan’s Third Largest Bank SMBC To Launch Services On Marco Polo Blockchain Network
Sumitomo Mitsui Banking Corporation (SMBC), the third-largest bank in Japan by assets, is planning to roll out blockchain-based trade finance services in the second half of 2019.
SMBC, a wholly owned subsidiary of Sumitomo Mitsui Financial Group, provides a range of financial services and invests in bonds and buys/sells monetary claims.