Reliance Industries receives India's first LC payment via blockchain

Posted on:05 Nov 2018 11:21:04
Reliance Industries receives India's first LC payment via blockchain
05 November 2018 Current Affairs: In a first for India, British bank HSBC Holdings Plc has executed a trade finance transaction using blockchain for a deal involving an export by Reliance Industries to an American client, Tricon Energy.

Blockchain massively reduced the time taken for processing the documents.
In a first for India, British bank HSBC Holdings Plc has executed a trade finance transaction using blockchain for a deal involving an export by Reliance Industries to an American client, Tricon Energy.

Blockchain massively reduced the time taken for processing the documents.

Monthly Current Affairs


Fresherslive telegram Group

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs Weekly PDF

Current Affairs Monthly PDF

Current Affairs Quiz

Current Affairs Monthly PDF Hindi

Currentt Affairs 2019 January

18 JANUARY
NEWS
17 JANUARY
NEWS
16 JANUARY
NEWS
15 JANUARY
NEWS

Currentt Affairs 2018 December

31 DECEMBER
NEWS
30 DECEMBER
NEWS
29 DECEMBER
NEWS
28 DECEMBER
NEWS

Currentt Affairs 2018 November

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS