Odaily Planet Daily News đ
HSBC is once again making a push in the blockchain field! This time, they issued a one-year digital note worth HK$1 billion (about US$128 million), using distributed ledger technology (DLT). The structure of this issuance is similar to the US$756 million Hong Kong sovereign digital bond earlier this year, showing the broad application prospects of blockchain in the financial field.
The latest digital note was issued through HSBC's HSBC Orion DLT platform, with the local Central Securities Depository (CSD) CMU as the platform operator. It is worth mentioning that the HSBC Orion platform combines Digital Asset's DAML and Hyperledger Fabric technologies, further enhancing the application potential of blockchain in the financial market.
Although the overall market performance is neutral, Bitcoin is still the focus of our optimism. Looking forward to more financial giants joining the ranks of blockchain to promote the continuous development of the industry! đ