Business Times reported that:
“Standard Chartered’s Singapore unit has pulled off its first cross-border trade finance transaction on a blockchain-based platform, after previous initiatives by other arms of the global lender. StanChart tapped startup Distributed Ledger Technologies’ platform to complete an agri-business supply chain deal in one day, instead of the normal five to seven, the bank announced on Thursday.”
Dltledgers have once again proven that our platform is ready and that our blockchain technology is a reality that can be used right out of the box by major financial institutions.
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