Tag

Letter of Credit

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ResearchDigital-Finance2026-10-18

e-CNY smart contracts release on arrival plus inspection, trimming the letter-of-credit document exam

In transshipment, the most tedious part of a letter of credit is the issuing bank's line-by-line document exam. A digital-yuan smart contract sets cargo arrived plus third-party inspection passed as the payment trigger, closing funds and title in the same second, settling T+0 with a natively auditable ledger. That lines up with the regulator's heightened scrutiny of offshore resales — same bank, same currency.