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HSBC: Blockchain Saved 25% In Forex Trade Settlement

On Feb 14, London-based banking giant HSBC has revealed its blockchain-powered platform aimed at cutting costs for forex trade settlement. FX Everywhere platform enables real time coordinate payments...

| Feb 19, 2019 05:21

HSBC Powers Through $250b of FX Trades Using Distributed Ledger Tech

Global banking giant HSBC has harnessed distributed ledger technology (DLT) to settle over $250 billion worth of foreign exchange (FX) transactions. Financial Times on Monday (Jan 14). Financial Times...

| Jan 16, 2019 09:39