Europe's largest bank is now looking to improve trade of one of the world's largest asset classes with breakthrough technology. One of the world's largest precious metal custodians is bringing ...
LONDON, Feb 14 (Reuters) - HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system, an executive overseeing the project told Reuters, offering a ...
LONDON (Reuters) - HSBC has settled $250 billion worth of forex trades using blockchain in the last year, it said on Monday, suggesting the heavily hyped technology is gaining traction in a sector ...
Béatrice Collot, Head of Global Trade at HSBC, said that transparency and instantaneity are two central strengths of blockchain. According to Collot, blockchain is poised to transform global trade ...
Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology. According to a report, the transactions, completed over the past year, were worth ...
The world’s banking giants may or may not adopt cryptocurrencies at some point, but they are clearly looking to adopt the distributed-ledger technology that undergirds digital money. In the latest ...
Doesn't this sound like an episode of Mr Robot? HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the ...
Investment bank HSBC Holdings is using a blockchain distributed ledger technology (DLT) to digitize transaction records of private investments, enabling clients globally to access the details of their ...
HONG KONG, Sept 3 (Reuters) - HSBC HSBA.L0005.HK completed the first yuan-denominated blockchain-based letter of credit transaction, the bank said on Tuesday. HSBC, like many of its competitors, has ...