Hong Kong banks setting up trade finance blockchain platform
With ambitions of expansion across industries and jurisdictions.
Bank of East Asia
Hong Kong trade finance goes Deloitte-fully blockchain
Deloitte, the Hong Kong Monetary Authority (HKMA) and trade finance banks in Hong Kong have developed a distributed ledger technology (DLT) proof of concept (PoC) for trade finance. Industry participants include Bank of China (Hong Kong), the Bank of East Asia, Hang Seng Bank, HSBC and Standard Chartered (Hong Kong). The blockchain project has created […]
