China And Singapore Completed First-All Blockchain Commodity Trade

Singapore Blockchain Technology Trade

A shipment claimed to be the “first time that Blockchain applications have been applied to all key participants in the commodity trading process” was sent from Quanzhou, China to Singapore by Sinochem Energy Technology. Sinochem Corporation is one of the major state-owned oil companies and said to complete a shipment of gasoline from China to Singapore fully using Blockchain technology.

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