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$400M African fertilizer deal executed on blockchain eases COVID-19 slowdown

$400M African fertilizer deal executed on blockchain eases COVID-19 slowdown



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  1. tldr; OCP Group and the Eastern and Southern African Trade and Development Bank (TDB) have completed the first ever large-scale intra-African transaction using blockchain. $270 million of the transaction has been completed while the rest is expected to be “executed” in the coming months. OCP Group delivered phosphate fertilizers from Morocco to Ethiopia.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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