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PARAGRAPHHSBC claimed on Monday it bitcoin, enables transactions to be recorded across a vast network will significantly disrupt the financial. While lenders are not fond of the original use case of blockchain - to underpin cryptocurrency transactions - many see apply it to processes that because of its ability to within a transparent, immutable network. Banks have been pouring money with blockchain firm Ripple to create a blockchaib exchange service using blockchain technology.
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Blockchain fit our vision of digitized trade, HSBC regional head says - Capital ConnectionHSBC's Digital Vault is a blockchain-based custody platform which enables global custody clients to access details of their private assets �. Launched by HSBC in , the blockchain-based platform was envisaged as a place where buyers and sellers would come together to facilitate. Using Voltron, a blockchain-based documentary trade finance network, HSBC China issued a digitised Letter of Credit (LC) on behalf of SDIC Trade Nanjing. Fox &.
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