HSBC Executes India’s First Overseas Blockchain Payment for Major Company32.85

The British banking giant HSBC has reportedly executed the very first overseas financial transaction of Reliance Industries (RIL) to a US-based client using blockchain technology.

Despite the tension surrounding cryptocurrencies in India, HSBC has purportedly carried out the very first overseas financial transaction using blockchain-based technology. The parties involved are India’s Reliance Industries — the second largest publicly traded organization in the country — and a US-based company Tricon Energy.

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https://bitcoinist.com/hsbc-executes-indias-first-overseas-blockchain-payment-for-major-company/

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