Industrials Nov 09, 2020 03:19 PM (GMT+8) · EqualOcean
On November 8, 2020, China Baowu Steel Ouyeel (Chinese:欧冶金服) launched a cross-border trade financial service platform, EFFITRADE. EFFITRADE platform combines big data, blockchain, and other financial technology methods to provide users with online operations for the entire process of cross-border trade payments such as letters of credit. Ouyeel is the subsidiary platform of China Baowu Steel Group, the leading state-owned iron and steel company of China.