HSBC handles trade-finance deal with blockchain

By on
HSBC handles trade-finance deal with blockchain

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

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. ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Copyright © ITPro, Dennis Publishing
Tags:
blockchain hsbc software

Most Read Articles

Google ordered to reveal identity of anonymous reviewer

Google ordered to reveal identity of anonymous reviewer
NBN Co sees 250Mbps take-up rise after price cut

NBN Co sees 250Mbps take-up rise after price cut
ANZ and CBA push for consolidation of EFTPOS, BPAY and NPP

ANZ and CBA push for consolidation of EFTPOS, BPAY and NPP
Aussie Broadband lets customers 'kick' own connection

Aussie Broadband lets customers 'kick' own connection
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Driving business innovation through private cloud solutions
Driving business innovation through private cloud solutions
Future proofing your datacentre with hyperconverged infrastructure
Future proofing your datacentre with hyperconverged infrastructure
The Network for the Digital Business Starts with the Secure Access Service Edge (SASE)
The Network for the Digital Business Starts with the Secure Access Service Edge (SASE)
Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?
Your Microsoft Security journey starts here
Your Microsoft Security journey starts here

Events

Log In

Username / Email:
Password:
  |  Forgot your password?