We recently mentioned the world's first blockchain application in trade finance. Given the size of the industry and the huge potential for fraud it seemed logical to go into a bit more details on the actual solution. In December 2015 Standard Chartered and DBS announced that they have successfully completed the Proof of Concept (PoC) of a new distributed ledger based solution in Trade Finance. The initiative supported by the Infocomm Development Authority of Singapore (IDA) i