Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain.The steel company obtained a $16.87 million shipment of steelmaking ingredients from the joint venture between the multinational mining group Rio Tinto and Hancock Prospecting Pty. Ltd. The shipment
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