Unleashing the full potential of global trade

The objective of the Marco Polo Network is to facilitate interactions and create value for all its participants including financial institutions, their corporate clients, and the broader trade ecosystem. Through harnessing distributed ledger technology and extensive trade and supply chain finance expertise, we are bringing together all the parties into one, shared and connected network that enables unprecedented levels of value creation.

 

Recognising the increasing need for liquidity

Worldwide both Corporates and SMEs share the same challenge when it comes to global trade: liquidity.

Organisations are frequently forced to reduce their growth perspectives, because of limited access to liquidity and inadequate working capital. On the other side, financial institutions that do have financial capacity cannot offer sufficient trade finance solutions due to inefficient, disconnected, paper-based systems. A tremendous opportunity lies unserved for funders looking to offer trade finance and companies in need of working capital finance solutions.

Reasons for rejecting trade finance transactions

Video: TradeIX at the 2017 R3 Members’ Conference LDN

Enabling the trade ecosystem to thrive thanks to a game-changing approach

To unlock the potential of trade and working capital finance, the Marco Polo Network is connecting the data silos and isolated trade systems from the entire ecosystem. Instead of using one, central destination application, the Marco Polo Network provides the first distributed trade finance platform, which is run by every single user, and connected to all others via a distributed ledger-based network.

It is an open model allowing each network member to build solutions, integrations and also control their data, eliminating a single point of failure. It leverages distributed ledger technology to provide optimum levels of connectivity and privacy, and makes it possible for users to connect and share data in real time. With the Marco Polo Network, we go beyond the existing decentralised platforms and enable transaction-based communication across the entire global trade network.