HSBC claims first commercially viable trade finance deal on blockchain

John Leonard
clock • 2 min read

The fact that it is replicable given the same counterparties makes it a world first, bank claims

The London-based bank HSBC has made what it claims is the world's first commercially viable blockchain-based trade finance deal. In partnership with Dutch bank ING, HSBC used a blockchain platfo...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
DevOps on mainframe at HSBC, DevOps Excellence Awards finalist

DevOps

The benefits far outweigh the complexities

clock 13 March 2024 • 3 min read
Web3 needs use cases, story tellers and more women

Leadership

As Web3 and GenAI converge, women's input is vital

clock 07 March 2024 • 7 min read
HSBC online banking outage hampers Black Friday shopping for thousands

Finance

Many customers complained about the lack of communication from the bank

clock 27 November 2023 • 3 min read
Most read
02

Adobe users revolt over updated terms of use

06 June 2024 • 3 min read
03

New York Times confirms data leak

10 June 2024 • 3 min read
05

Microsoft overhauls Recall, makes it opt-in

10 June 2024 • 3 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Business Software

University IT chief: 'We count ourselves lucky we're not on VMware'

University IT chief: 'We count ourselves lucky we're not on VMware'

Nutanix .Next event saw customers looking for alternatives

John Leonard
clock 22 May 2024 • 5 min read
Construction's pollution problem: Nemetschek CEO on how tech can help

Construction's pollution problem: Nemetschek CEO on how tech can help

Construction is facing multiple pressures over skills, costs and pollution

John Leonard
clock 17 May 2024 • 3 min read
Microsoft Dynamics 365 prices set to rise

Microsoft Dynamics 365 prices set to rise

Some prices will increase by as much as 17%

Wade Tyler Millward
clock 15 April 2024 • 2 min read