Baku 13° C
Blockchain technology for first time used in international trade
Finance
- 23 January, 2018
- 10:27
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 23 January. REPORT.AZ/ The crypto-currency and blockchain technology was first used for the commercialization of soybeans, which officially took place between the US and Chinese companies.
Report informs citing the Turkish media, the transaction took place between the US's largest food trading company, Louis Dreyfus and China's Shandong Bohi, through the ING Bank, Societe Generale and ABN Amro banks.
Global head of trade and commodity finance at ABN Amro, Karin Kersten said the operation carried out via blockchain technology in a very short time with no faults: “For this reason, I can say that blockchain technology has justified itself”.
Author
İlk dəfə beynəlxalq ticarətdə blokçeyn texnologiyasından istifadə olunub
Технология блокчейн впервые использована в международной торговле
Latest News
19:13
Daily Mail: Meghan Markle's father arrested in Florida on child sexual abuse material charges
Other countries
19:00
Bloomberg: US and Iran near breakthrough in talks to end conflict
Other countries
18:48
IRGC claims to have shot down 16th US drone over Qeshm island
Other countries
18:35
Milli Majlis committee endorses bill on Absheron offshore block
Energy
18:24
President Ilham Aliyev and First Lady Mehriban Aliyeva attend opening of Zangilan City Education Complex - Update
Domestic policy
18:21
Photo
Samir Karimoglu's film 'Torpağı sanı yaşayasan' screened at 6th Korkut Ata Film Festival
Cultural policy
18:17
President: In just six years, we have enabled nearly 100,000 people to return to Garabagh and East Zangezur
Domestic policy
18:12
Ilham Aliyev: During the 44-day Patriotic War, the Azerbaijani people united as one fist
Domestic policy
18:08
Photo
President Ilham Aliyev and First Lady Mehriban Aliyeva attend inauguration of first phase of Jahangirbeyli village in Zangilan - Update
Domestic policy