Britain’s HSBC Executes First DLT-Based Letter of Credit 

Britain’s HSBC Executes First DLT-Based Letter of Credit 
ôîòî ïîêàçàíî ñ : btcmanager.com

2019-9-3 13:22

HSBC Bank, one of the biggest financial institutions in the world, has successfully completed its first distributed ledger technology (DLT) powered letter of credit transaction pegged to the Chinese yuan.

HSBC Completes Letter of Credit on Voltron Per sources close to the development, HSBC Bank, one of the largest financial services organizations in the world,Read MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Standard Chartered Bank Issues First DLT-Powered Letter of Credit

In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More.