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Shanghai Government And 6 Banks Team Up For Blockchain Alliance To Promote Trade
Summary: The Municipal Shanghai government has teamed up with financial institutions to develop an alliance that will promote the use of blockchain for global trade, according to the Global Times. During the China International Expo on Nov. 7, the Shanghai Municipal Commission of Commerce, Shanghai Customs and representatives from six bank branches in Shanghai, including the ...
The Municipal Shanghai government has teamed up with financial institutions to develop an alliance that will promote the use of blockchain for global trade, according to the Global Times.
During the China International Expo on Nov. 7, the Shanghai Municipal Commission of Commerce, Shanghai Customs and representatives from six bank branches in Shanghai, including the People’s Bank of China and the Bank of Communications, signed a Blockchain Alliance proposal for the city’s e-port area. According to an official from the General Administration of Customs Of Shanghai this is the first blockchain application project in customs and the first service project for the CIIE.
By Ramsey Baker
Tags: Blockchain,China,Shanghai
Link: Shanghai Government And 6 Banks Team Up For Blockchain Alliance To Promote Trade [Copy]
