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Author Topic: [2017-07-27]China CITIC Bank and Minsheng Bank Launch the First Blockchainbased  (Read 5081 times)
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July 27, 2017, 09:42:01 AM

Recently, Minsheng Bank and CITIC Bank announced the launch of Blockchain-based Letter of Credit System, or BCLC). A 100 million letter of credit transaction was conducted on the system on the first day, marking the establishment of another heavyweight blockchain application in the financial industry.

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