Standard Chartered (SCB), the British bank is now using blockchain for supply chain finance. SCB successfully completed its first-ever supply chain financial transaction on the blockchain technology with the Linklogis, a supply-chain service provider that is based in China. As per reports, on February 12, 2019, a Memorandum of Understanding (MoU) was signed by the bank Standard Chartered and the China-based Linklogis. Both the companies agreed to join forces to expand the visibility Standard Chartered’s supply-chain along with supporting China’s sustainable growth of innovation and the economy. Interestingly, this new financial transaction also involved WeQChain, a platform of Linklogis that