November 2018
Intermediate to advanced
528 pages
13h 21m
English
Content preview from Blockchain By Example
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LC approval
At this level, the issuing bank approves the LC form, and sends it to the confirming bank. Therefore, the letter's status is set to ISSUE_LC, and provides the following data:
{ "$class": "org.example.lc.IssuingBankApproveLC", "lc": "resource:org.example.lc.LetterOfCredit#LC-CA-501P10"}
Click IssuingBankApproveLC—POST method. The passing value is similar to the previous step. We pass resource:org.example.lc.LetterOfCredit#LC-CA-501P10 to specify the LC.
As a result, you should see that the letter's status is set to ISSUE_LC.
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