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UAE bank ADCB adopts blockchain for trade finance
UAE’s Abu Dhabi Commercial Bank (ADCB) announced that it has adopted blockchain for trade finance using Singapore’s dltledgers blockchain platform. The bank’s first transaction involved moving goods for Western Red Spring Canadian Wheat worth $6.5 million, from Canada to Bangladesh. With this financing, ADCB said it becomes the first bank…
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Click here to read the full story: Ledger Insights