Nov 28, 2019

HSBC swaps paper records for blockchain to track $20 billion worth of assets

Posted by in category: bitcoin

HSBC will upgrade their blockchain technology to control $20 billion in assets by March 2020.

LONDON (Reuters) — HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the widely-hyped but still unproven technology by a global bank.

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