News
03 November 2020

HSBC Bangladesh seals fuel oil deal on Contour

In:
Oil & gas
Region:
Asia-Pacific

The Bangladesh branch of HSBC has conducted the country’s first blockchain-based letter of credit transaction on the Contour DLT platform. The transaction was used to settle the importation of 20,000 tonnes of fuel oil from United Group’s Singapore subsidiary United Mymensingh...

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