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Rio Tinto and BHP seal yuan-based iron ore deals

Rio Tinto and BHP Group both completed their first paperless yuan-based iron ore transactions with China’s Baosteel, with Rio Tinto also using blockchain technology in its deal.

Craig Guthrie
Digital deals are important in the COVID-19 environment

Digital deals are important in the COVID-19 environment

London-based bank Standard Chartered said it had issued the first blockchain-based international letter of credit transaction using China's yuan for the Rio Tinto-Baosteel deal, which was completed over...

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