Finance Breaking news HSBC shifts R3 Corda to Google Cloud last financial news

Breaking-Finance.Com - HSBC has become the first bank to start using R3's Corda enterprise blockchain network on Google Cloud.

Finance Breaking news HSBC shifts R3 Corda to Google Cloud last financial news

Breaking-Finance.Com - HSBC has become the first bank to start using R3's Corda enterprise blockchain network on Google Cloud.

Finance Breaking news HSBC shifts R3 Corda to Google Cloud last financial news
26 February 2021 - 16:45

Breaking-Finance.Com - HSBC has become the first bank to start using R3's Corda enterprise blockchain network on Google Cloud. HSBC uses Corda for its custody blockchain platform Digital Vault, which digitises the transaction records of private placement assets. The service is live in Asia, with other regions set to follow.

.Gaurav Aggarwal, head, distributed ledger technology and tokenisation, markets and securities services, HSBC, says: “Being the first organisation to move Corda technology to Google Cloud is a further sign of HSBC’s commitment to blockchain and cloud technologies.”Adds Aggarwal: “As well as cutting onboarding times and reducing costs, it will help us prepare for the future, in which the full transaction lifecycle could be stored on a distributed ledger.”

Source = Breaking-Finance.Com

Financial breaking news

This news 76 hits received.

Finance Breaking news HSBC shifts R3 Corda to Google Cloud last financial news


Finance Breaking news HSBC shifts R3 Corda to Google Cloud last financial news


Finance Breaking news HSBC shifts R3 Corda to Google Cloud last financial news


Finance Breaking news HSBC shifts R3 Corda to Google Cloud last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Apple lets couples co-own card to build credit together last financial news
Finance Breaking news Apple lets couples co-own card to build credit...
Finance Breaking news JP Morgan, Morningstar and Broadridge invest in Tifin last financial news
Finance Breaking news JP Morgan, Morningstar and Broadridge invest in...