IslamicFinance.de

Abu Dhabi Islamic Bank (ADIB) has successfully completed a secondary market transaction using TradeAssets, a blockchain-powered trade finance e-marketplace. TradeAssets developed its blockchain-powered trade finance platform with an initial focus on secondary market transactions. In 2019, the company launched the platform with 25 banks, most of them in emerging markets such as Bangladesh. Currently, the platform has over 150 members with many of them being from the Middle East.