On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers commercial credit are used widely in financing international trade. …The post HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan appeared first on CryptoNewsZ.
