HSBC, one of the nine institutions that set up the platform as a joint venture, claimed that three of its clients managed to complete open account transactions last week via we.trade within Europe.
Built on IBM's Blockchain Platform and its Hyperledger Fabric technology, we.trade was established by Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, Société Générale and UniCredit, in a bid to boost the efficiency of cross-border financial transactions. Read more on the website – Сoindesk.
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