spot_img
11.8 C
London
HomeTagsHSBC Holdings

Tag: HSBC Holdings

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...
Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.