Chinese Blockchain Pilot Processes USD 56m Worth of Int’l Trade

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Chinese Blockchain Pilot Processes USD 56m Worth of Int’l Trade

A blockchain-powered trade finance platform developed by China’s foreign exchange regulator has already processed cross-border payments worth USD 56.36 million and completed export financing totaling USD 460 million as part of a year-long pilot in selected areas of the country.
Chongqing and Shanghai are two of a handful of major cities in the country that began  Read more »
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