HSBC Deems Blockchain Infrastructure for Trade Finance Commercially Viable

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TheMerkle_HSBC Money launderingBlockchain technology can be a viable tool when put in the right hands. HSBC is one of the many banks exploring the boundaries of this innovative technology. The company recently conducted and completed its first trade finance deal using a distributed ledger. It’s a very positive development for the blockchain industry, as global adoption seems imminent. HSBC Has a Major Breakthrough It is evident financial institutions all over the world are quite keen on how blockchain technology can transform and revolutionize their business models in the future. As of right now, a lot of tests are taking place, but not too many

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