China Shipbuilding Industry Company Limited (CSICL) to Trial Blockchain for Supply Chain Finances

267

A recent report from Chinese media outlet People’s Daily has confirmed that China Shipbuilding Industry Company Limited (CSICL) is going to experiment with blockchain technology to see if it can be used to finance their upstream suppliers.

CSICL is a subsidiary of China Shipbuilding Industry Corporation (CSIC) which is one of the two biggest shipping conglomerates from China. CSICL is as largest ship equipment enterprises as it is listed flagship….

An excerpt from BitcoinExchangeGuide