Large Chinese chemical company uses blockchain to reduce trade finance costs – Cointelegraph

Large Chinese chemical company uses blockchain to reduce trade finance costs – Cointelegraph

One of China’s largest chemicals producers has launched a new Blockchain warehouse receipt platform to help the industry tackle rising costs of operations and trade finance. Increased demand for more environmental and safety measures amid the pandemic has pushed up the costs of China’s petrochemical trade further. Small businesses were already struggling to meet the […]

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