HSBC Looks to Blockchain to Solve a Major Pain Point in Trade Finance

The letter of credit transaction in #trade #finance is a relatively neglected area when it comes to digitization, which is why #HSBC bank chose this transaction to test out its #blockchain-related initiatives, Joshua Kroeker, blockchain lead for Global Commercial Banking Growth and Innovation at HSBC, told Bank Innovation. “The letter of credit transaction had fallen […]
Bank Innovation