Blockchain-based trade finance is complete

Blockchain-based trade finance is complete

The BNP Paribas and the HSBC Singapore has accomplished the blockchain-based transaction between the Rio Tinto and Cargill. The shipment of iron one was made from Australia to China by the Rio Tinto to Cargill. Reportedly, the Cargill has been embracing various digital technologies including blockchain technology in its trade finance and other operations.

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