Contour blockchain network completes transaction between Rio Tinto and Guangxi Shenglong Metallurgical – IBS Intelligence

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Singapore-based Contour has announced a transaction on its blockchain network between Rio Tinto and Guangxi Shenglong Metallurgical, thereby digitising the trade finance process. China CITIC Bank processed import Letter of Credit (LC) on the Contour network to meet the needs of its client – Guangxi Shenglong Metallurgical. Guangxi Shenglong Metallurgical has joined Contour as a new buyer on the network. Rio Tinto,

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