HSBC has used the blockchain-based platform we.trade to finance a trade transaction for the first time. The bank, which is one of 12 shareholders in we.trade, used the platform to complete the transaction as part of the second round of a pilot scheme initiated by we.trade consortium members in June. Users have the opportunity to set their computers to accept all cookies, to notify them when a cookie is issued, or not to receive cookies at any time. We.trade said that it was able to use its own proprietary technology and processes to process transactions on the platform.
HSBC has used the blockchain-based platform we.trade to finance a trade transaction for the first time. The bank, which is one of 12 shareholders in we.trade, used the platform to complete the transaction as part of the second round of a pilot scheme initiated by we.trade consortium members in June. We.trade said that it was able to use its own proprietary technology and processes to process transactions on the platform.