IN BRIEF

摘要

A cargo of US soybeans shipped to China has become the first fully fledged agricultural trade conducted using blockchain. The participants in the trade - louis dreyfus co, Shandong bohi industry co, ing, societe generale and abn amro - said last week they took part in the trade where the sales contract, letter of credit and certificates were digitalised on the Easy Trading Connect platform. "We noticed very significant efficiency gains ... far beyond what we expected," said Robert Serpollet, global head of trade operations at Louis Dreyfus. He said the time spent on processing documents and data had been reduced five-fold.