Crypto-Follow logo Crypto-Follow logo
Cryptopolitan 2019-11-28 11:50:55

HSBC to track USD20bn in assets on blockchain custody platform

HSBC, one of the largest, internationally recognized banks, will be using a blockchain custody platform to start tracking more than USD 20 billion worth of digital assets. The news of the new platform was announced in a Reuters publication. The official start date of the project is yet unknown; however, HSBC is looking to deploy the platform before March next year. Blockchain custody platform The blockchain custody platform, called Digital Vault, will aim to give investors real-time insights into the records of privately purchased securities. The main goal of the new platform will be to become the digital copy of

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer