PBOC’s blockchain platform launches China’s first pilot business in Gansu

Recently, the Lanzhou branch of China Merchants Bank has issued RMB4 million receivables financing fund based on the trade and finance blockchain platform of the People’s Bank of China (PBOC) to Lanzhou International Port District, under the guidance of the digital currency research institute, the Lanzhou branch and Shenzhen branch of the PBOC.

Recently, the Lanzhou branch of China Merchants Bank has issued RMB4 million receivables financing fund based on the trade and finance blockchain platform of the People’s Bank of China (PBOC) to Lanzhou International Port District, under the guidance of the digital currency research institute, the Lanzhou branch and Shenzhen branch of the PBOC.

The receipt of the financing fund marks the launch of PBOC’s trade and finance blockchain platform business in Gansu.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/05/pboc-s-blockchain-platform-launches-chinas-first-pilot-business-in-gansu/.

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