Articles with tag: order financing

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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

Chinas central bank DLT trade finance platform processes USD 4.5 bln

News | E-invoicing, SCF & E-procurement | 08 Jul 2019

People’s Bank of China’s blockchain trade finance platform has announced it has processed USD 4.5 billion in foreign exchange transactions.

Peoples Bank of China, China, Asia, APAC, trade finance, blockchain trade finance, trade finance platform, distributed ledger technology, cross-border financing

OCBC Bank inks agreement with Bank of Shanghai

News | E-invoicing, SCF & E-procurement | 03 Apr 2018

OCBC Bank has signed a MoU with Bank of Shanghai to help companies expand across countries covered by China`s Belt and Road Initiative.

OCBC Bank, Bank of Shanghai, agreement, trade finance, corporate banking, risk management, cross-border financing