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Tag: Hong Kong

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Hong Kong Builds Blockchain Rails to Cut Trade Finance Costs
Key Takeaways

HKMA, Shanghai, and China’s blockchain innovation center will build a shared blockchain platform for cross-border trade finance.
The system will digitize electronic bills of lading and connect existing infrastructure like CDI and CargoX.
It targets the $1.5T cargo… Read full article
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Hong Kong, Shanghai authorities to test blockchain for cargo trade data
The Hong Kong Monetary Authority and Shanghai partners will study a blockchain cross-border platform linking cargo trade data, e-bills of lading and finance under Project Ensemble. Read full article
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