{"id":234463,"date":"2021-10-20T10:58:00","date_gmt":"2021-10-20T10:58:00","guid":{"rendered":"https:\/\/wpinternaltrial.olea.net\/?p=234463"},"modified":"2024-07-08T07:54:45","modified_gmt":"2024-07-08T07:54:45","slug":"standard-chartered-launches-digital-blockchain-trade-finance-platform-in-singapore","status":"publish","type":"post","link":"https:\/\/wpinternaltrial.olea.net\/standard-chartered-launches-digital-blockchain-trade-finance-platform-in-singapore\/","title":{"rendered":"Standard Chartered launches digital blockchain trade finance platform in Singapore"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]

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A joint venture between the Asia-heavy bank and a Chinese supply chain tech player aims to make trade finance an alternative asset class with digital efficiency.<\/h2>\n
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\"Amelia<\/p>\n
New venture Olea will be run by Standard Chartered’s Amelia Ng<\/em><\/figcaption>\n<\/figure>\n<\/div>\n<\/div>\n

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Standard Chartered has launched a blockchain-based\u00a0<\/span>digital trade finance<\/a>\u00a0<\/span>platform in partnership with Linklogis, a Chinese supply chain finance technology company.<\/p>\n

The new venture, to be called Olea, is intended to attract institutional investors to participate in supply chain financing as an alternative asset class. Headquartered in Singapore, Olea will be run by Amelia Ng, who was Standard Chartered\u2019s global head of strategic initiatives within the corporate, commercial and institutional banking (CCIB) division before moving into SC Ventures, the fintech and venture capital arm of the bank, in order to develop this business.<\/p>\n

The idea is to combine StanChart\u2019s trade finance and risk management skills with supply chain technology developed by Linklogis.<\/p>\n

There is certainly a gap to be filled. The\u00a0<\/span>Asian Development Bank<\/a>\u00a0<\/span>estimated the\u00a0<\/span>global trade finance gap<\/a>\u00a0<\/span>to be $1.5 trillion in 2019 and has argued that the United Nations Sustainable Development Goals will be at risk if such a large gap persists in hampering international trade.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”http:\/\/wpinternaltrial.olea.net\/wp-content\/uploads\/2024\/04\/image-2.png” title_text=”image (2)” url=”https:\/\/www.euromoney.com\/article\/28zaiovbam7unugoud05c\/fintech\/standard-chartered-launches-digital-blockchain-trade-finance-platform-in-singapore\/” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"

A joint venture between the Asia-heavy bank and a Chinese supply chain tech player aims to make trade finance an alternative asset class with digital efficiency. New venture Olea will be run by Standard Chartered’s Amelia Ng   Standard Chartered has launched a blockchain-based\u00a0digital trade finance\u00a0platform in partnership with Linklogis, a Chinese supply chain finance […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"\n

A joint venture between the Asia-heavy bank and a Chinese supply chain tech player aims to make trade finance an alternative asset class with digital efficiency.<\/p>\n","_et_gb_content_width":"1200"},"categories":[10],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/posts\/234463"}],"collection":[{"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/comments?post=234463"}],"version-history":[{"count":10,"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/posts\/234463\/revisions"}],"predecessor-version":[{"id":234789,"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/posts\/234463\/revisions\/234789"}],"wp:attachment":[{"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/media?parent=234463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/categories?post=234463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpinternaltrial.olea.net\/wp-json\/wp\/v2\/tags?post=234463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}