After HSBC, Standard Chartered pilots a letter of credit on Voltron blockchain
This collaboration with Thai-based PTT oil trader also marks the first digitization of the cross border Letter of Credit (LC) in the oil industry.
Category: Blockchain Assets
Asia Pacific set to lead projected global blockchain market growth of 66.2% CAGR 2019-2027: Survey
The industry is likely to be driven primarily by blockchain consortiums and large global corporations such as Microsoft, Amazon and IBM.
Standard Chartered and Tencent unit complete first supply chain finance transaction on blockchain
The strategic collaboration, which was first announced in February, is the first time that the platform, known as WeQChain, has jointly delivered supply chain financing with an international bank
Huobi Thailand receives digital asset exchange license from Thai regulator
It is the fifth such license to be granted under the royal decree for digital assets that went into effect in May this year.