Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. China Zhe­shang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the Na­tional As­so­ci­a­tion of Fi­nan­cial Mar­ket In­sti­tu­tional In­vestors’s (NAFMII) pilot project for ABCPs. An […]

Continue Reading

VeChain Bolsters Traceability of Chinese Pork Products

Blockchain-based supply chain solutions proliferate, as VeChain establishes partnerships with fresh meat suppliers. Traceability-focused blockchain project, VeChain, has announced a partnership with China’s Shenzhen Yuhongtai Foods Company. This will allow Shenzhen to track pork products distributed by the retailer’s subsidiary, Meijiada Fresh Foods. The partnership will see detailed information concerning how pork sold by Meijiada […]

Continue Reading

Walmart China Subsidiary Teams Up With VeChain to Trace Food Products

VeChain has partnered with a Walmart China subsidiary to increase supply chain transparency for its food products. Sam’s Club, a China-based subsidiary of Walmart, has partnered with blockchain-based supply chain management platform VeChain (VET) to trace food products sold by the shopping chain. PricewaterhouseCoopers (PwC) will assist in the Sam’s Club Blockchain Traceability Platform project, […]

Continue Reading
Page 14 of 64
1 9 10 11 12 13 14 15 16 17 18 19 64