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BSN’s Red Date Behind Shenzhen-Singapore Trade Blockchain Project

January 19, 2022
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
Singapore and China’s Silicon Valley, the city of Shenzhen, are building what is likely the world’s first blockchain-based network for a cross-border trade data exchange between two major economies. Red Date Technology, the architect of China’s internet of blockchains, is working with the Shenzhen Municipal Government and Singapore’s Infocomm Media Development Authority (IMDA) to build the blockchain-based Transnational Trade Network (BTTN), Red Date CEO Yifan He told CoinDesk. Using the BTTN, companies will be able to transfer trade data between countries and firms, while adhering to local data privacy and security laws, according to a white paper shared with CoinDesk....
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