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HSBC handles trade-finance deal with blockchain

By a Staff Writer

May 15 2018 12:19PM

Claims it is proof the technology is "commercially viable".

HSBC handles trade-finance deal with blockchain

HSBC claims to have performed the first commercially viable trade-finance deal using blockchain technology. The bank said it has successfully completed a transaction for food and agricultural group Carhill, processing a letter of credit for the shipment of soya beans from Argentina to Malaysia. ...

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