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HSBC swaps paper for blockchain to track US$20b worth of assets

By Tom Wilson and Lawrence White

Nov 28 2019 1:10PM

Return on investment remains unclear.

HSBC swaps paper for blockchain to track US$20b worth of assets

HSBC aims to shift US$20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the widely-hyped but still unproven technology by a global bank. The platform, known as Digital Vault, will give investors real-time access to records of ...

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