Well its official UK based bank HSBC confirms that they completed the worlds first trade transaction through the block chain earlier last week. HSBC completed a letter of credit for the largest private company in the US, Cargill. The deal consisted of a soy bean shipment from Argentina to Malaysia. This successful transaction opens up a world of opportunities in the global trade finance market which is a 9 Trillion dollar industry. As a fellow crypto currency and block chain supporter I feel this is a huge step forward toward mainstream adoption.
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