Monday, 14 May 2018

HSBC performs the first trade finance transaction using blockchain.

Intriguing to hear that HSBC has performed the first trade finance transaction using blockchain technology: https://uk.reuters.com/article/us-hsbc-blockchain/hsbc-says-performs-first-trade-finance-transaction-using-blockchain-idUKKCN1IF01X .

In many narratives it has been suggested that the blockchain technology is the real potential behind the crypto-currency smokescreen so it will be interesting to see if this has a dampening effect on crypto-currencies, by putting a new spotlight back onto the technology that makes them viable, and the technology becomes more widely available in the mainstream along with umbrella of branded users such as HSBC.

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