Arthur Baoustanos Posted October 25, 2016 Share Posted October 25, 2016 Commonwealth Bank of Australia (Commonwealth Bank), Wells Fargo and Brighann Cotton have undertaken the first global trade transaction between two independent banks combining the emerging disruptive technologies of blockchain, smart contracts and Internet of Things (IoT). The transaction involved a shipment of cotton from Texas, USA to Qingdao, China, using the efficiencies of a distributed ledger – Skuchain’s Brackets system – for all parties. Read the full story. Quote Link to comment Share on other sites More sharing options...
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