HSBC

HSBC Holdings plc is a British multinational banking and financial services company headquartered in London, United Kingdom. It is the world’s fourth largest bank by total assets, with total assets of US$2.67 trillion. It was established in its present form in London in 1991 by the Hongkong and Shanghai Banking Corporation Limited to act as a new group holding company. The origins of the bank lie mainly in Hong Kong and to a lesser extent in Shanghai, where branches were first opened in 1865. The HSBC name is derived from the initials of the Hongkong and Shanghai Banking Corporation.

HSBC, Barclays and Others Join Blockchain-Based Project to Create a New Digital Currency
August 31st, 2017

Six of the world’s biggest banks teamed up to create a new digital currency ‘utility settlement coin’ for clearing and settling financial transactions.

IBM and Seven European Banks Announce a New Trade Finance Platform Based on IBM Blockchain
June 27th, 2017

The platform is intended to facilitate domestic and cross-border trade for small and medium enterprises in Europe and increase overall trade transaction transparency.

Blockchain Startup R3 CEV Attracts $107M From BofA, HSBC, Intel and Others
May 23rd, 2017

R3 CEV aims to raise $150 million with the third tranche of fundraising round scheduled for later this year.

Major European Banks Form Blockchain-Based Consortium Named ‘Digital Trade Chain’
January 16th, 2017

Seven large banks are collaborating to make domestic and cross-border commerce easier for European small and medium-sized enterprises.

R3 CEV and 8 Banks Trial Intel’s Distributed Ledger Technology ‘Sawtooth Lake’ for Bond Trading
September 27th, 2016

A group of eight banks, including UniCredit, HSBC, and UBS, have finally tested a distributed ledger prototype for bonds exchange using Intel’s blockchain platform.

Bank of America, HSBC Develop Blockchain Prototype Solution to Replace LC Transactions
August 11th, 2016

A group of banks, including HSBC and Bank of America, have created a new blockchain solution that will help to streamline the process of global trade.