Bangkok--15 Sep--Bank of Ayudhya
Standard Chartered announced the successful completion of the first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain, in partnership with Asian Development Bank (ADB), Bank for Investment and Development of Vietnam and Standard Chartered Bank (Thai). The transaction was completed over the Contour network, a blockchain-based open industry platform focused on digitising trade finance, and involved a US$50,000 shipment of plastics from Thailand’s
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Standard Chartered Bank (Thai) organised its signature ...
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Standard Chartered Bank expects Thailand's ...