Market Cap
24h Vol
7054
Cryptocurrencies
82694
Markets
Bitcoinist
2018-11-06 08:00:32

HSBC Executes India’s First Overseas Blockchain Payment for Major Company

The British banking giant HSBC has reportedly executed the very first overseas financial transaction of Reliance Industries (RIL) to a US-based client using blockchain technology. “The Use of Blockchain Offers Significant Potential” Despite the tension surrounding cryptocurrencies in India, HSBC has purportedly carried out the very first overseas financial transaction using blockchain-based technology. The parties involved are India’s Reliance Industries — the second largest publicly traded organization in the country — and a US-based companyRead MoreThe post HSBC Executes India’s First Overseas Blockchain Payment for Major Company appeared first on Bitcoinist.com.