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

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

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

5 monthes 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...
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Steam's 2019 summer sale discounts popular games like Devil May Cry 5...

Steam's 2019 summer sale discounts popular games like Devil May Cry 5, Soulcalibur VI, and more

Steam's annual summer sale has begun , and it's a great time to save on several popular PC games - if you can get the store to load. As far as the new-ish releases that are... Read more ...

Best Prime Day smart home deals: Expect Google Home and Amazon Echo sales

Best Prime Day smart home deals: Expect Google Home and Amazon Echo sales

Amazon Prime Day 2019 starts July 15 and runs for 48 hours through July 16, so it's time to start working on planning your strategy. If you have electronics on your wish list... Read more ...

The Office will stream exclusively on NBCUniversal's service in 2021

The Office will stream exclusively on NBCUniversal's service in 2021

The US adaption of hit television show The Office will stream exclusively on NBCUniversal's future streaming service starting in 2021, the company has announced. That's bad... Read more ...

San Francisco is now the first city in the U.S. to ban the sale of e-cigarettes

San Francisco is now the first city in the U.S. to ban the sale of e-cigarettes

San Francisco has become the first city in the U.S. to ban the sales of e-cigarettes in stores and online. The ban is the first of its kind in the U.S. and does not include... Read more ...

Why wait for Prime Day? Amazon slashes price on iRobot Roomba 614 robot vacuum

Why wait for Prime Day? Amazon slashes price on iRobot Roomba 614 robot vacuum

With its no-nonsense operation and solid cleaning power, you can't go wrong with the iRobot Roomba 614 Robot Vacuum. Order yours today on Amazon for only $199 and enjoy clean... Read more ...

Microsoft adds an extra security layer to its OneDrive storage service

Microsoft adds an extra security layer to its OneDrive storage service

Microsoft today announced OneDrive Personal Vault, a new security layer on top of its OneDrive online file storage service that adds additional security features to keep your... Read more ...

Drive.ai is reportedly shutting down after deal with Apple falls through

Drive.ai is reportedly shutting down after deal with Apple falls through

Drive.ai, a self-driving startup that was once valued at $200 million, is shutting down, according to the San Francisco Chronicle. The Mountain View, Calif.-based company filed... Read more ...

Despite issues, Huawei leads the 5G market with 50 commercial contracts

Despite issues, Huawei leads the 5G market with 50 commercial contracts

During Shanghai's "5G is now" summit, Huawei's managing director took the time to boast about the company's success in the 5G business. He said that the Chinese telecom... Read more ...

Watch the full 26-minute Star Wars: Jedi Fallen Order E3 demo

Watch the full 26-minute Star Wars: Jedi Fallen Order E3 demo

Developer Respawn is giving Star Wars fans a deeper look at its upcoming story-driven video game, Star Wars Jedi: Fallen Order , after viewers came away from this year's E3... Read more ...

Target is offering 30 percent discounts on in-store pickups for select games

Target is offering 30 percent discounts on in-store pickups for select games

If you're thinking about buying a game for your Nintendo Switch, PS4, or Xbox One, you'll save 30 percent on several titles at Target when you opt to pick it up in store. For... Read more ...