Banks, banks, banks… HSBC
Then they won’t do it
Now they do it.
HSBC Concludes – “Blockchain Is Viable” After Successful Trade Deal
HSBC Holdings announced that it had completed its first scalable blockchain-based trade finance transaction through which it has concluded that blockchain is ready for mass adoption in the trade finance market.
HSBC revealed that it concluded that blockchain is a commercially viable technology after processing a letter of credit on behalf of Cargill, a large food and agricultural conglomerate based in the U.S.
It was an end-to-end transaction that……
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