China Europe Rail Trade boosted by Blockchain Tech

Blockchain is used to boost China-Europe trade through Sino-Europe Trade Link 2.0 by the Industrial and Commercial Bank of China (ICBC).

This will lower logistics costs and ease the impact of the COVID-19 pandemic.

Staff with ICBC’s Sichuan branch believes that believes that the Blockchain tamper-proof nature and timestamps will make it easier to create reliable trade data.

And also help Small and medium-sized foreign trade enterprises to raise funds.

Author: mBRzeVZxHo

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