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July 30 - 31 | Tokyo, Japan
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Tuesday, July 30 • 13:30 - 13:35
Elevator Track: Blockchain Trede Finance Service Platform in China - Zhang Menghan, CMBC

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In July 2017, China Minsheng Bank and China CITIC Bank launched the first inter-agency application of China's banks, the Domestic Letter of Credit Transmission System (BCLC), on the blockchain trade finance service platform. A year later, the Bank of China joined the second blockchain product, the Forfaiting Trading System. As of last month, the blockchain trade finance service platform has more than 20 city commercial banks and their branches. The total transaction amounted to 30 billon RMB.

Tuesday July 30, 2019 13:30 - 13:35 JST
Hall A, Station A