Standard Chartered Bank completes Bangladesh’s first blockchain transaction

Standard Chartered Bank Bangladesh has completed the first-ever blockchain transaction in the country. A report unveiled this news on August 15, noting that the bank executed this deal after issuing a Letter of Credit (LC) for Viyellatex Ltd, a readymade garment exporting firm. Reportedly, the trade was paperless seeing as the bank leveraged the Contour blockchain to complete it.

Source : https://invezz.com/news/2020/08/17/standard-chartered-completes-bangladesh-first-blockchain-transaction/

Date : August 17, 2020 at 03:22PM

Tag(s) : #BLOCKCHAIN ENG