Paperless Shipping Process Between Syngenta and HSBC With TradeLens

The world of trade finances saw a new record today as the first entirely paperless transaction occurred between Syngenta and HSBC. The transaction refers to a digital bill of lending processed by A.P.Moller-Maersk and IBM’s company, TradeLens. They used blockchain technology to complete a letter of credit between the two companies mentioned above.

Read more: https://www.emeriobanque.com/news/syngenta-and-hsbc-complete-paperless-trade-finance-transaction-tradelens-platform

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