Oman cooperates with HSBC to complete the first trade financing based on the R3 blockchain platform

According to Cointelegraph, Oman Oil and Orpic Group, one of Oman's largest oil and gas companies, and HSBC Bank, implemented the country's first blockchain-based trade finance deal, selling polypropylene to Abu Dhabi countries. Carpet factory. The transaction was conducted using R3's open source blockchain platform, Corda.