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Wednesday 13 May 2020

Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain

https://ift.tt/eA8V8J

The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan.

via CoinDesk https://www.coindesk.com/standard-chartered-transaction-blockchain-rio-tinto-credit

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