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China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance
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China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.

BNY Mellon Joins Marco Polo Trade Finance Consortium
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BNY Mellon Joins Marco Polo Trade Finance Consortium

The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery
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Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Uttama Savanayana, Thailand’s Finance Minister, has revealed that his ministry wants to use blockchain technology for system upgrades intended for optimal service delivery to citizens.

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