China’s OneConnect Aims To Make Trade Tracking Easier With Blockchain

Blockchain-based small business (SMB) lending platform OneConnect Financial Technology, which is owned by insurance giant Ping An, is partnering with the China Merchants Port Group (CMPort) on a system to serve one of the country’s biggest trading hubs. The blockchain-based platform will have five databases, providing the Guangdong-Hong Kong-Macao Greater Bay Area with information from Chinese custom services, port operators, logistics companies, financial institutions and export and import firms...