According to official news, recently, InterValue’s technology partner ChenHan signed a cooperation agreement with Henan E-trading quota technology service Co. Ltd. The two sides will use blockchain technology to create a new platform for international trade -- the E-trading platform. It aims to open a new model of international trade in the “One Belt One Road”.
The E-Trading Platform aims to create an efficient trade settlement service for the China Free-Trade Zone, which will completely change the settlement inefficiency caused by the original bank cross-border system. Thus, it can greatly promote the efficiency of traders' funds and goods circulation. To provide effective support and solid technical support for the prosperity and development of the China Free-Trade Zone. The E-Trading quota platform is supported by blockchain technology. It integrates functions such as quota trading, accounting, settlement, credit, and risk control, and opens up external systems such as customs, taxation, logistics, national inspection, credit reporting, and banking. Undoubtedly, the platform will fully accept government’s supervision, which can provide high-quality services for efficient support of transactions in the free-trade zone.
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