08 Aug CryptoBLK Lures Bank Giants to Bring Blockchain to Trade Finance
21 January 2019
Questioning the hype surrounding blockchain, critics have raised queries about the actual use case of the distributed database or ledgers shared by participants in an ecosystem over public or private computing networks.
In what can be seen as an answer to such doubters, a Hong Kong-based startup, CryptoBLK, is trying to spread the message that blockchain can be put to use for common business applications, especially in a global trade and financial center such as Hong Kong.
Duncan Wong, co-founder and CEO of the blockchain startup, claims that he has won support from the traditionally conservative financial institutions to build a new initiative focused on leveraging blockchain in trade finance.
Read more at ejinsight, here.