Tag Archives: Banking

Banking Giant HSBC’s Blockchain Platform Processed $250 Billion in Forex in 2018

International banking giant HSBC settled $250 billion of forex trades using blockchain technology in 2018. The company has revealed the figure in a press release quoted by the Financial Times (FT) Jan. 14. Continue reading Banking Giant HSBC’s Blockchain Platform Processed $250 Billion in Forex in 2018

Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad

On Tuesday, a director of a leading think tank stood before the British Parliament’s Treasury Select Committee and called out blockchain technology as “magic wand, pixie-dust things” that is a “fad” and “a distraction from looking at getting some of the basics rights” in the banking industry. Continue reading Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad

UK Fintech Settles Security on Ethereum Blockchain in a World-First with Microsoft

The blockchain has just disrupted another niche. UK-based Nivaura in partnership with Microsoft’s Azure cloud has proved in a test case that the public ledger can be used to support regulated assets. The blockchain is an increasingly attractive option as the payments industry continues to embrace cryptocurrencies and even digital fiat money. Continue reading UK Fintech Settles Security on Ethereum Blockchain in a World-First with Microsoft