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.

Rio Tinto and BHP seal yuan-based iron ore deals Rio Tinto and BHP seal yuan-based iron ore deals Rio Tinto and BHP seal yuan-based iron ore deals Rio Tinto and BHP seal yuan-based iron ore deals Rio Tinto and BHP seal yuan-based iron ore deals

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