CryptoBLK February Highlights: MIDAS, Voltron Development Progress
CryptoBLK has been focusing ourselves on supporting the onboarding of our Hong Kong insurers to MIDAS, the DLT-based real-time vehicle insurance authentication system. This has been going very well in addition to our continuous development and devotion to the development of Voltron, the letter-of-credit trade finance DLT platform. Our co-founders were eager to share their vision for CryptoBLK and the development of our InsurTech solution during interviews with Bloomberg and Hong Kong’s leading Automobile magazine.
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CryptoBLK February Highlights

CryptoBLK February Highlights

We have been focusing ourselves on supporting the onboarding of our Hong Kong insurers to MIDAS, the DLT-based real-time vehicle insurance authentication system. This has been going very well in addition to our continuous development and devotion to Voltron, the letter-of-credit trade finance DLT platform.

13 Feb – CryptoBLK Shortlisted in Global Award from GTR

We are proud to have been shortlisted for Best Trade Finance Software Provider award by the renowned publisher and event organizer, Global Trade Review (GTR), for our quality DLT solution offerings and innovation in trade finance space, ATLAS and Voltron. Visit here for details.

CryptoBLK Shortlisted for Best Trade Finance Software Provider Award

CryptoBLK Shortlisted for Best Trade Finance Software Provider Award

 

21 Feb – Andrew Shared CryptoBLK Vision with Harvard Business School Alumni Board

Our CTO Andrew Hon was invited by professional investors from the Harvard Business School Alumni Board to share CryptoBLK’s vision and philosophy. The meeting was highly dynamic, with engagement and interaction from audience members. This was followed by a Greater Bay Area Young Entrepreneurs luncheon, where Andrew discussed potential cross-border Fintech opportunities specifically in the arenas of Blockchain in the Bay area.

Andrew Shared CryptoBLK Vision with Harvard Business School Alumni Board

Andrew Shared CryptoBLK Vision with Harvard Business School Alumni Board

 

21 Feb – Congratulations for Bangkok Bank’s Voltron Pilot Completion

As the technical delivery partner of Voltron, CryptoBLK congratulates Bangkok Bank for their successful completion of their letter of credit transactions on Voltron. The transaction was able to cut processing times by more than 50%. We are also thrilled to join the fourth Voltron workshop in Bangkok to discuss future developments with the eight founding banks.

CryptoBLKers on Voltron workshop in Bangkok

Voltron workshop in Bangkok

 

Since 2017, CryptoBLK was appointed by R3 to develop the CordApp, Voltron, a blockchain-based open industry platform to create, exchange, approve, and issue Letters of Credit on Corda. The 8 founding member banks are Bangkok Bank, BNP Paribas, CTBC, HSBC,  ING, Natwest, SEB and Standard Chartered.

Voltron will improve the trade finance process by simplifying letters of credit, delivering shorter settlement times, instant discrepancy resolution and simplified sanctions screening. Voltron is inviting banks, technology partners, and corporates to join the network.