Originally published at: https://toshitimes.com/sinochem-has-completed-the-first-commodity-trade-entirely-powered-by-blockchain/
It seems that blockchain technology is breaching new industries on a constant basis and this week is not an exception. Chinese petrochemical giant Sinochem, a subsidiary of Sinochem Corporation, which is one of China‘s four major state-owned companies, has completed a gasoline shipment from China to Singapore, using entirely blockchain technology. Xinhua, the official news…
