The list of use cases of blockchain just got bigger as banking giant HSBC has issued a Letter of Credit on a live blockchain. The transaction involves a company called Simply Packaging for importing resin from a Singaporean company. The European bank’s Malaysian arm was the issuing party, while HSBC Singapore is the nominee. This …The post HSBC Issues First Letter of Credit on a Live Blockchain in Malaysia, Involves Firm Importing Resins appeared first on CryptoNewsZ.
