Ant Group launches blockchain-based trade processing platform

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SINGAPORE (Sept 25): Ant Group, the parent company of China’s largest mobile payment business Alipay, has launched Trusple, a blockchain-based trade processing platform for small and medium enterprises (SMEs) as well as banks.

Trusple, which is an amalgamation of “trust made simple”, is based on AntChain, a blockchain-based technology platform. 

In a separate announcement, DBS Bank said it is the first Asian bank partner on Trusple. There are four other member banks, namely BNP Paribas, Citibank, Deutsche Bank and Standard Chartered ... (click on link for full story on theedgesingapore.com).