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China's petrochemical industry rolls out blockchain warehouse receipt financing trade

News | E-invoicing, SCF & E-procurement | 16 Oct 2020

China's petrochemical industry has seen its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented in China.

supply chain finance, digitalisation, blockchain, IOT, financing settlements, warehouse receipts, order financing, data sharing, PBOC, Sinochem Energy High-Tech