The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory's de facto central bank, is poised to launch a live blockchain trade finance platform within two months. "The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong. The project has been facilitated by the HKMA and is targeted for launch by September 2018," the authority told CoinDesk via email. According to areportfrom the Financial Times on Monday, the HKMA's blockchain platform has 21 banks participating as participating nodes, including HSBC and Standard Chartered. "The aims of the platform are to reduce frauds ... (full story)