HSBC suggests it might have found a... use for blockchain?

HSBC suggests it might have found a... use for blockchain?

5 years ago
Anonymous $Dftgs0JzgE

https://www.theregister.co.uk/2019/01/15/hsbc_blockchain_forex/

HSBC claims to have settled three million foreign exchange (FX) transactions and made payments worth $250,000 using distributed ledger technology (DLT).

The bank said it had made "significant efficiencies" while using its DLT product, HSBC FX Everywhere, for the past year – suggesting the risk-averse financial sector is treating blockchain technology as a legitimate biz tool.

HSBC suggests it might have found a... use for blockchain?

Jan 15, 2019, 1:23pm UTC
https://www.theregister.co.uk/2019/01/15/hsbc_blockchain_forex/ > HSBC claims to have settled three million foreign exchange (FX) transactions and made payments worth $250,000 using distributed ledger technology (DLT). > The bank said it had made "significant efficiencies" while using its DLT product, HSBC FX Everywhere, for the past year – suggesting the risk-averse financial sector is treating blockchain technology as a legitimate biz tool.