Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border settlement.The experiment took place under Phase 2 of Brazil’s Drex central bank digital currency (CBDC) project and simulated the settlement of export transactions between Brazil’s Drex network and Hong Kong’s Ensemble platform, a blockchain system developed under the HKMA’s Project Ensemble initiative. Chainlink provided the interoperability infrastructure connecting the two networks, according to Banco Inter.Read more Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border settlement.The experiment took place under Phase 2 of Brazil’s Drex central bank digital currency (CBDC) project and simulated the settlement of export transactions between Brazil’s Drex network and Hong Kong’s Ensemble platform, a blockchain system developed under the HKMA’s Project Ensemble initiative. Chainlink provided the interoperability infrastructure connecting the two networks, according to Banco Inter.Read more
Brazil, Hong Kong test cross-border blockchain trade system via Chainlink
2025/11/04 04:19
Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot.
Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border settlement.
The experiment took place under Phase 2 of Brazil’s Drex central bank digital currency (CBDC) project and simulated the settlement of export transactions between Brazil’s Drex network and Hong Kong’s Ensemble platform, a blockchain system developed under the HKMA’s Project Ensemble initiative.
Chainlink provided the interoperability infrastructure connecting the two networks, according to Banco Inter.
Read more
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Crypto Executives Advocate for U.S. Strategic Bitcoin Reserve Legislation
Crypto execs, led by Michael Saylor, push for the U.S. to acquire 1 million BTC, establishing a Strategic Bitcoin Reserve. Crypto executives, led by Strategy co-founder Michael Saylor, have gathered in Washington to advocate for a new piece of legislation. This bill, known as the BITCOIN Act, proposes the establishment of a U.S. Strategic […] The post Crypto Executives Advocate for U.S. Strategic Bitcoin Reserve Legislation appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 05:00
Shiba Inu (SHIB) Hype Is Fading Fast As MUTM at $0.035 Steps into the Limelight As The Best Crypto To Buy Now
Traders have observed the price of Shiba Inu (SHIB), struggling around the price of $0.00001 in the early weeks of November 2025, within the confines of a symmetrical triangle since the middle of October. The resistance levels have held up well at the 50-day-low Exponential Moving Average of $0.00001026, having faced three rejections, thus indicating […]
Share
Cryptopolitan2025/11/04 17:30
The "whale that has won 14 large-scale openings" continues to add 2,196 ETH and 78,724 SOL to its long positions, bringing it one step closer to liquidation.
PANews reported on November 4th that, according to on-chain analyst Yu Jin, despite the "whale with 14 consecutive successful large-scale openings" being only 4 points away from liquidation, it continues to add to its long positions: it just added 2196 ETH at $3497 and 78724 SOL at $159.4. This addition brings its long positions even closer to liquidation, with ETH at $3348 and SOL at $151.6. The liquidation price for ETH is only $130 away from the current price, and the liquidation price for SOL is only $8 away.
Share
PANews2025/11/04 17:21