HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan. read whole article

Related Links

  1. China Injects $4.7M Into Central Bank’s Blockchain Trade Finance Platform
  2. Telecom Giant China Mobile Is Developing a Blockchain Water Purifier
  3. Credit Suisse Arm Sees Blockchain Benefits After Fund Distribution Trial
  4. President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain
  5. Bitcoin Drops Below $7000 Range As New Fires Stoke US and China Trade Wars
  6. The United States has just publicly threatened China with economic sanctions over their Hong Kong national security law. Last year at the height of the US-China trade war (mid-2019) demand for bitcoin was so high in China, that people were willingly paying a $300 premium for it. Here we go again..
  7. Asian Markets News: Indexes Trade Largely Flat as Investors Eye U.S. Fed Meeting - Blockchain Reporter
  8. UPS Targets B2B Sales With New Blockchain E-Commerce Platform
  9. 25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims
  10. Bitcoin Again Tests $4K Amidst Anticipation of US and China Trade Deal Finalization - Cointelegraph