HSBC pilots the first yuan-based Letter of Credit on Voltron blockchain
This latest pilot project involved HK-based MTC Electronic exporting a shipment of LCD parts and panels to its parent company, Shenzhen MTC.
Category: Trends
HK-based OAX Foundation releases new trustless crypto exchange protocol
The new Layer 2 Exchange (L2X) protocol has been developed in association with its partner Enuma Technologies
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.
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.