The application mirrors a paper-intensive Letter of Credit (LC) transaction Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of*Singapore (IDA) have jointly developed a prototype solution built on*blockchain technology that could change the way businesses around the world trade with each other. The application mirrors a paper-intensive Letter of Credit (LC) transaction...
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The post BofAML, HSBC and IDA Singapore join forces to build blockchain trade finance app appeared first on e27.
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