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The Industrial and Commercial Bank of China, a major player in the industry, published the first banking blockchain whitepaper of its kind. So reports Cryptopolitan.

blockchain 3448529 1920The paper showcases the potential of the technology in finance. According to the article, it is rare for commercial sector banks to publish papers about blockchain technology. In addition to examining challenges facing the industry, the white paper also compares Chinese blockchain development to its western counterparts.

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