A local press has recently reported that the holding giant based in India, Reliance Industries (RIL) and HSBC India has recently completed a blockchain-enabled trade finance transaction. The chief financial officer of RIL, Srikant Venkatachari expressed his support towards the potential of blockchain technology and claimed a time-saving ability in managing documentation for export after the demonstration.
BusinessFinancial Institutions
IncryptsNov 08, 20180
India RIL and HSBC India Completes Blockchain-Enabled Transaction

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