Today, I would like to discuss the economic relations between the European Union and China in the context of the major policy challenges being faced by both our economies in an environment of increasing global interdependence.
Probably the biggest use case for these technologies is cross border Page 3 of 10  remittance transactions, including not just remittances, but import, exports and other services as well. It is noteworthy that a number of banks and nonbank entities around the world have started experimenting with the block chain technology for such cross border transactions and transfers. 6.