Hong Kong and Shanghai Authorities to Test Blockchain for Cargo Trade Data
Hong Kong and Shanghai Authorities to Test Blockchain for Cargo Trade Data
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The Hong Kong Monetary Authority and partners in Shanghai are set to conduct a study on a blockchain cross-border platform. This initiative, known as Project Ensemble, aims to link cargo trade data, electronic bills of lading, and finance.
The Hong Kong Monetary Authority and Shanghai partners will study a blockchain cross-border platform linking cargo trade data, e-bills of lading and finance under Project Ensemble.