Taken from Bloomberg…
“HSBC completed a transaction using blockchain which it said shows the technology is commercially viable for trade finance.
Together with ING Bank NV, the London-based bank handled a letter of credit for Cargill Inc. which relied on the blockchain technology developed by the R3 consortium, according to an emailed statement on Monday. The letter of credit backed a shipment of soybeans transported last week from Argentina to Malaysia, the statement added.”
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October 22, 2020
October 21, 2020
October 20, 2020
Marco Polo interviews Alisa DiCaprio, Head of Trade and Supply Chain at R3Read More
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