HSBC Launches Hong Kong’s First Blockchain-Based Settlement Service

HSBC Holdings has launched Hong Kong’s first blockchain-based settlement service. It has launched a tokenized deposit program that converts traditional bank deposits into digital tokens on a blockchain platform. The initiative marks a step forward for fintech development in the city. Around-the-clock transfers between HSBC Hong Kong wallets and real-time payments in US dollars and […] The post HSBC Launches Hong Kong’s First Blockchain-Based Settlement Service appeared first on Coin Edition.