Blockchain-based trade platform launch in Hong Kong

Blockchain-based trade platform launch in Hong Kong

The blockchain integrated trade finance platform was released in Hong Kong called eTrade Connect. The platform as developed by various banks including HSBC, and Standard Chartered. Reportedly, the new platform helps to lessen the time taken to approve trade loan applications to four hours. Various banks that supported the platform include BNP Paribas and Bank of China.

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