May 21 - 10:05
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ABN AMRO eyes blockchain inventory platform launch
ABN AMRO has unveiled plans to launch a decentralised trade inventory platform in collaboration with Accenture and ING Bank. The digital blockchain platform will be provide real-time insight into trade inventories using IoT technology and NFC chips. Inventories - often collateral for loans - can be monitored effectively, leading to more secure physical handling processes and a reduction of costs.
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