HSBC Says It’s Settled $250 Billion in Trades With Distributed Ledger Tech

2019-1-14 19:25

HSBC has settled $250 billion in foreign exchange transactions using its DLT platform, the company announced Monday.

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billion hsbc 250 settled monday using dlt

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HSBC Bank Credits Blockchain Distributed Ledger Tech for $250 Billion in Transaction Settlements

While financial institutions have been hesitant to get on board with cryptocurrency, blockchain technology has been seeping into this world. HSBC is known as one of the largest banks in the world, and they have recently used the distributed ledger technology (DLT) as a way to setting over $250 billion in transactions, which was announced […]

2019-1-14 21:32