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‘eTradeConnect’: Hong Kong uses blockchain to drive trade finance

The HKMA has teamed up with 12 banks to use blockchain to build its new trade finance platform. How effective will it be at digitising cross-border payments?
‘eTradeConnect’: Hong Kong uses blockchain to drive trade finance

The Hong Kong Monetary Authority (HKMA) yesterday unveiled its blockchain-based trade finance platform eTradeConnect aimed at facilitating cross border trade and connecting with other global trade platforms.

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