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Author Topic: [2019-01-15]HSBC used blockchain to settle $250B worth of trades  (Read 21 times)
ppblockchain
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January 15, 2019, 12:49:59 PM
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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 until now hesitant to embrace it.

The bank has settled over three million forex trades and made over 150,000 payments since February using blockchain, it said in a statement. HSBC would not give data on forex trades settled by traditional processes, saying only that those settled by blockchain represented a “small” proportion.


https://paperblockchain.com/hsbc-used-blockchain-to-settle-250b-worth-of-trades/

Daily Cryptocurrency News - Paperblockchain.com
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