HSBC and Wave Facilitate Blockchain-Powered Trade Between New Zealand and China

   2020-10-29 11:10

HSBC, a leading British multinational investment bank and financial services holding company, and Wave, a blockchain-based digital courier platform, have facilitated a blockchain trade transaction for the shipment of milk powder from New Zealand dairy processor Fonterra to China’s Sichuan New Hope Trading.
Cryptographic Lading Bills
HSBC gave banking services on both ends, while Wave provided the underlying blockchain technology. Specifically, the milk powder shipment carrier issued Fonterra a c…




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