Shanghai Launches First Blockchain-Based Colored Metals Digital Warehouse Receipts

According to Pudong Release, Shanghai launched its first blockchain-based colored metals digital warehouse receipts on July 11. The Commodity Warehouse Receipt Registration and Depository Center unveiled the initiative on the state-backed Changbai Chain infrastructure. China Storage Shares (China State Reserve Grains and Oils Corporation) issued the receipts, completing the full lifecycle of issuance, registration, and cancellation in an on-chain closed loop.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments