Letters of credit: down but not out
Sep 26, 2016
World's first blockchain trade transaction is a smooth operation
Fintech start-up Wave successfully completes groundbreaking letter of credit deal between companies in Ireland and the Seychelles using ledger technology blockchain.
The development of blockchain has taken a step forward, with a first trade document transaction completed using the online ledger technology – a process that proved surprisingly smooth, according to the company that supplied technical support.
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