HSBC Carries Out Bangladesh’s First Blockchain Letter-of-Cre…

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HSBC Carries Out Bangladesh’s First Blockchain Letter-of-Credit Transaction
The relocation symbolizes a crucial action for Bangladeshi business in the digitalization of trade, the bank said.The first deal related to the import of 20,000 tonnes of fuel oil from Singapore by United Mymensingh Power Ltd. for a power station. In the occasion one celebration is not able to honor their contract, the bank actions in to cover the expenses and finish the deal.

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