High Tech > TechnologyNews

HSBC settles forex deals worth $250 billion on blockchain in last year

9 days ago   |   By Reuters

HSBC has settled $250 billion worth of forex trades using blockchain in the last year, it said on Monday, suggesting the heavily hyped technology is gaining traction in a sector until now hesitant to embrace it.
Read more ...

 

HSBC leans on blockchain tech to process $250bn worth of fx transactions

HSBC leans on blockchain tech to process $250bn worth of fx transactions

9 days ago   |   By The Next Web

Global bank HSBC has processed more than 3 million foreign exchange transactions using blockchain technology. According to a report, the transactions, completed over the past year, were worth $250bn. If previous statements are anything to go by, HSBC likely used a permissioned blockchain to carry out the transaction. Private blockchains are typically preferred by regulated financial entities such as HSBC because they provide a workaround the fact that the anonymity of participants is not acceptable in mainstream finance. To put this into perspective, HSBC is one of the largest financial...
Read more ...

 


Search by Tags

   TechnologyNews      Tech      Blockchain      Hard Fork  


Hulu drops to just $5.99 per month after Netflix's price hikes

Hulu drops to just $5.99 per month after Netflix's price hikes

Hulu just announced that it will lower the price of its base, ad-supported subscription plan to $5.99 per month - down from the current $7.99 - beginning on February 26th. Hulu... Read more ...

YouTube TV finally goes nationwide almost two years after launch

YouTube TV finally goes nationwide almost two years after launch

YouTube TV is finally nearing nationwide availability. The streaming TV service was announced in February 2017, and it has been gradually rolling out to additional markets... Read more ...

Microsoft Edge begins flagging fake news for iOS and Android users

Microsoft Edge begins flagging fake news for iOS and Android users

Microsoft has released an update for the mobile version of Edge that adds a warning label to news sites known for poor standards of accuracy and accountability. The feature... Read more ...

Sony aibo chocolate edition arrives as robot pup turns guard dog

Sony aibo chocolate edition arrives as robot pup turns guard dog

Sony's aibo robot dog is getting a new sibling, with a limited-edition aibo chocolate edition adopting a three-color coat. The new version - which has only been confirmed for... Read more ...

Behold, a smartphone devoid of buttons and ports

Behold, a smartphone devoid of buttons and ports

Some call it madness. Others call it the next logical step in smartphone evolution. Meizu calls it, fitting, the “Zero.” It's equal parts fascinating and maddening. And while... Read more ...

Fallout 76 ne va pas devenir un free-to-play

Fallout 76 ne va pas devenir un free-to-play

Bethesda dément formellement le passage en free-to-play de Fallout 76. Read more ...

Open-source leader Confluent raises $125m on $2.5b valuation

Open-source leader Confluent raises $125m on $2.5b valuation

Confluent , the commercial company built on top of the open source Apache Kafka project, announced a $125 million Series D round this morning on an enormous $2.5 billion... Read more ...

Upgrade your home theater setup with these deals for the 2019 Super Bowl

Upgrade your home theater setup with these deals for the 2019 Super Bowl

Black Friday is the annual opportunity to pick up nearly everything on your wishlist at a deep discount. But if you're looking for a TV and home audio equipment upgrade, the... Read more ...

Instagram denies viral claim that it hides most posts from users

Instagram denies viral claim that it hides most posts from users

Over the past year, people have been posting claims that only seven percent of Instagram followers see a user's posts. The viral claim has made it as far as Pinterest and... Read more ...

Electric, the startup that automates IT, raises $25 million from GGV

Electric, the startup that automates IT, raises $25 million from GGV

Electric.ai , the NY-based startup that offers chat-based IT support, has announced the close of a $25 million Series B round led by GGV. As part of the deal, partner Jeff... Read more ...