HSBC exec says its blockchain project, which processes between 3,500 to 5,000 trades worth $350B a day, has cut foreign exchange trading costs by 25% (Tom Wilson/Reuters)


Tom Wilson / Reuters:
HSBC exec says its blockchain project, which processes between 3,500 to 5,000 trades worth $350B a day, has cut foreign exchange trading costs by 25% — LONDON (Reuters) – HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system …
HSBC exec says its blockchain project, which processes between 3,500 to 5,000 trades worth 0B a day, has cut foreign exchange trading costs by 25% (Tom Wilson/Reuters)
Source: Tech Meme