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HSBC Ditches Paper-Based Model, Implements Native Blockchain for $20 Billion Private Securities Holdings

Bockchain HSBC Yuan Blue

The securities custody arm of HSBC is migrating its private placements database from paper to its own native blockchain. This move, according to Reuters, will enable HSBC to give its customers across the globe consummate access to their private securities database, November 27, 2019. Nearly $20 billion worth of HSBC securities in the multi-trillion-dollar market will

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