HSBC is back with blockchain! đ
HSBC has issued a one-year, HK$1 billion ($128 million) digital note using distributed ledger technology (DLT). The issuance is structured similarly to the $756 million Hong Kong sovereign digital bond earlier this year, conducted via the HSBC Orion DLT platform and operated by the local central securities depository, CMU.
Do you think this blockchain application can revolutionize traditional financial markets? Feel free to share your thoughts in the comments!