rSingapore and Chinau2019s Silicon Valley, the city of Shenzhen, are building what is likely the worldu2019s first blockchain-based network for a cross-border trade data exchange between two major economies.Red Date Technology, the architect of Chinau2019s internet of blockchains, is working with the Shenzhen Municipal Government and Singaporeu2019s 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.The project is...