News

Does HSBC Deal Show Blockchain Is Viable for Trade Finance?

HSBC uses blockchain to manage a letter of credit for a soybean shipment from Argentina to Malaysia, claims it is "an inflection point for how trade is conducted.”

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HSBC Holdings Plc completed a transaction using blockchain which it said shows the technology is commercially viable for trade finance.

Dig Deeper

Global Business & Emerging Markets

Recommended Stories

What’s Next in U.S. Trade Policy?

Enda Curran | July 26, 2018

What does the apparent Trump-EU trade truce mean for China?

Blockchain Suffers Slowdown

Olga Kharif | July 31, 2018

Once seen as a corporate cure-all, blockchain-based solutions are rolling out very slowly. So far, only 1% of organizations have adopted these technologies.

Mexico and Canada Optimistic on NAFTA Deal

Eric Martin & Daniela Guzman | July 25, 2018

Economy ministers from the two countries expect “common sense” to prevail this fall in NAFTA re-negotiation.

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now