News Snapshot:
Major Asian bank issues credit on SCB-backed blockchain By Cointelegraph Major Asian bank issues credit on SCB-backed blockchain The Asian Development Bank (ADB), headquartered in the Philippines, has settled its first letter of credit (LC) transaction using the Standard Chartered-backed Contour blockchain network. The trade was a part of ADB’s trade and supply chain program and involved Standard Chartered (OTC:) and the Bank for Investment and Development of Vietnam. Continue Reading on Coin Telegraph
