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Tag: Blockchain-Based Trade Finance Transaction

World’s First Blockchain-Based Trade Finance Transaction Performed by HSBC

HSBC Holdings announced the world's first commercial financing transaction using blockchain. This is an important step to increase productivity and reduce errors in multi-billion dollar international trade. According to HSBC 's statement, HSBC and Dutch bank ING successfully transferred funds to Cargill , the food and agriculture group. It is emphasized that the use of the blockchain...
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