Chinese Banks Set to Adopt Blockchain-powered Forfaiting Platform

The China National Clearing Center (CNCC), the Chinese central bank’s settlements and clearing arm, is set to work with three major banks to foster a blockchain-powered forfaiting trading platform – aimed at boosting the efficiency of export financing.
Per Sina, the CNCC has sealed a deal that also involves the China CITIC Bank, one of the nation’s biggest  Read more »
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