HSBC have successfully completed a cross-border blockchain transaction between Fox & Lillie and a Chinese importer, in a milestone which brings the digitisation of trade another step closer to commercial reality. The live transaction, completed in late March 2019, involved Fox & Lillie, a wool exporter and a client of...
Category: Export News
Fox & Lillie and HSBC complete first Voltron blockchain network transaction between Australia and China for wool shipment
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Global Luxury Index on the rise – what this means for wool
Read MoreThe S&P Global Luxury Index which tracks 80 of the world’s largest publicly traded companies engaged in the production or distribution of luxury goods or services is sitting at an all-time high at 2844.89. The rise is driven by the surge of big spending Chinese shoppers “who are splurging at...