Martha Reyes, head of research for Bequant, says that tokenizing trade finance assets can facilitate access to capital for SMEs.
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Category: SME
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Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain
A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain.
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South Korean Regulator Supports ‘Normal’ Cryptocurrency Transactions
The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems obtaining virtual accounts, he promises to encourage banks to work with them. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Supporting ‘Normal’ Crypto Transactions The director of […]
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PR: First Cryptomarketplace Storiqa Has Raised $25 Million
First cryptomarketplace, aiming to help small business in global trading, has raised $25 million.
Storiqa is developing marketplace with different outstanding features in compare with such companies like Amazon and eBay. With support of more than 55 000 people from 170 countries The company is launching its platform in a few months.
CEO Ruslan Tugushev stated earlier: “I spent more than 10 years for business development of SME. Their core competences were different but the problems are quite similar. Since I have gained enough experience and put together professionals from different fields I realized that it is time to establish global company which helps any SME to expand business internationally and start trading worldwide in 1 hour.”
The post PR: First Cryptomarketplace Storiqa Has Raised $25 Million appeared first on Bitcoin News.
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PR: Alibaba and eBay’s Representatives Support Global Marketplace Storiqa
Storiqa launched its token sale on November 28, 2017, and has exceeded its soft cap and has reached more than $6 million.
Storiqa aims to provide the ways of digital trading and destroy all the borders between buyers and sellers. It is the marketplace which supports cryptocurrency and smart-contracts. Due to using of blockchain technology, Storiqa has the lowest transaction and business costs. It also helps to make purchasing processes simplest in the world that every SME can start selling goods globally in one hour.
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