HSBC handles trade-finance deal with blockchain

By
Follow google news

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. ...

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

Add iTnews as your trusted source

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

Most Read Articles

CBA builds two AI agents to boost cyber defences

CBA builds two AI agents to boost cyber defences

Coles sets up standard data streaming platform groupwide

Coles sets up standard data streaming platform groupwide

Microsoft rejigs Copilot teams

Microsoft rejigs Copilot teams

Pentagon to adopt Palantir AI as core US military system

Pentagon to adopt Palantir AI as core US military system

Log In

  |  Forgot your password?