#HSBC Completes World’s First Blockchain Trade Finance Transaction...!

nixon73 (49)in #cryptocurrency • 7 years ago (edited)

Financial services group HSBC said on Monday it had for the first time utilised blockchain technology to complete a speedy commercial trade finance transaction that normally takes around a week using normal paper-based processing mediums.

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The user case for blockchain in finance and banking has been strengthened by Poland, which has now moved to store banking records on a blockchain application. On Monday, technology company, Billon said it would implement “blockchain for storage and secure access to sensitive customer information” for the banking industry in the country...Click here to know the details story

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7 years ago in #cryptocurrency by nixon73 (49)

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