REFILE-Blockchain solves trade authentication, financing issues – Shanghai regulators
The use of blockchain technology
solves the issue of information asymmetry in trade finance and
the core problem of providing proof of trade authenticity, the
Shanghai headquarters of the People’s Bank of China (PBOC) and
the city’s commerce commission said in a statement on Thursday.
solves the issue of information asymmetry in trade finance and
the core problem of providing proof of trade authenticity, the
Shanghai headquarters of the People’s Bank of China (PBOC) and
the city’s commerce commission said in a statement on Thursday.
Posted by Reuters
