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HSBC Completes Blockchain-Based Transaction for India’s Reliance Industries

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HSBC Completes Blockchain-Based Transaction for India’s Reliance Industries
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The British multinational banking organization HSBC and Belgium’s ING Bank have partnered to execute a trade transaction using the blockchain network from a U.S.-based Tricon Energy to India’s Reliance Industries. According to an Economic Times article published on November 4, 2018, the blockchain-enabled letter of credit transaction is the first of its kind for India and has significantly reduced the…Read More. The post by Cindy Huynh appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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