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#hkma News & Analysis

2 articles tagged with #hkma. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles
CryptoBullishCoinTelegraph ยท Mar 26/104
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Hong Kong, Shanghai authorities to test blockchain for cargo trade data

Hong Kong Monetary Authority and Shanghai partners will test a blockchain-based cross-border platform called Project Ensemble to link cargo trade data, electronic bills of lading, and finance systems. This initiative aims to streamline international trade processes using distributed ledger technology.

Hong Kong, Shanghai authorities to test blockchain for cargo trade data
CryptoBullishCoinDesk ยท Mar 26/107
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Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain

Hong Kong Monetary Authority (HKMA) is collaborating with Shanghai trade authorities to develop a blockchain-based cross-border platform for cargo data and electronic bills of lading. This initiative aims to reduce trade finance friction and better integrate Chinese supply chains with global markets.

Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain