#trade-finance2 articles

2 articles

CryptoBullishCoinTelegraph · 1h ago0

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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.

CryptoBullishCoinDesk · 3h ago1

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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.