Hong Kong's Central Bank Partners on DLT Trade Finance Test

CoinDesk -------- A group of six banks and a global auditing firm have completed a new blockchain trade finance test focused on the Hong Kong market. The group includes participation from the Hong Kong Monetary Authority (the region's de facto central bank), Bank of China, Bank of East Asia, Hang Seng Bank, HSBC and Standard Chartered Bank, with Deloitte working as a facilitator for the project. Involving banks, trade finance buyers and sellers, and logistics companies, the trial is said to have focused on the legal, regulatory, governance and data security aspects of the technology. To learn more click on the picture below to read the article.