Hong Kong Trade Finance Will Fight Fraud With a Blockchain-Based Platform

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The Hong Kong Monetary Authority (HKMA) has partnered with Chinese Ping An to release a blockchain-based trade finance platform. The joint effort is expected to speed-up the process and prevent fraud. CCN first reported the Hong Kong’s de facto central bank’s initiative back on March 30. At the time, the bank unveiled a proof-of-concept (PoC)

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July 17, 2018 at 08:23AM