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The global firm reports that it has been using HSBC FX Everywhere to make more than 150,000 payments worth $250 billion for the past year.
HSBC has been using distributed ledger technology (DLT) internally to settle more than three million foreign exchange (FX) transactions and to make more than 150,000 payments worth $250 billion, signaling that many of the industry’s DLT explorations will start to show results in 2019 especially for operations where the technology is a good fit. “This...
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