News Snapshot:
BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered by Alibaba’s affiliate Ant Group , for greater transparency and security. Trusple aims to accelerate the digital transformation and facilitate the financing of international trade operations, with a special focus on small and mid-sized businesses. These services will be offered by BBVA Mexico and BBVA Spain so that Mexican and Spanish importers that currently import from China can pay for the operations within Trusple, without having to use external services. The system uses smart contracts which automatically execute the transactions...
