Tag Archives: Banking

Global Market Report of Blockchain In Banking And Financial Services 2022…

The worldwide blockchain in the banking and monetary administrations market is relied upon to develop from $1.17 billion of every 2021 to $1.89 billion out of 2022 at a build yearly development rate (CAGR) of 61.9%. The development is primarily because of the organizations continuing their tasks and adjusting to the new typical while recuperating from the COVID-19 effect, which had prior prompted prohibitive regulation measures including social removing, remote working, and the conclusion of business exercises that brought about functional difficulties. The market is relied upon to reach $12.39 billion of every 2026 at a CAGR of 60%. Continue reading Global Market Report of Blockchain In Banking And Financial Services 2022…

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