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BCTrade 2.0 has deployed functions such as domestic letters of credit, forfaiting, international factoring, and refactoring to provide trade financial services based on block-chain platforms for customers such as interbank, non-bank institutions, and trading companies. Participants in this platform include 54 domestic and overseas branches of CCB and more than 40 peers, which covering large state-owned banks, national joint-stock banks, city commercial banks, rural commercial banks, foreign banks, non-bank financial institutions and other institutions.