HSBC exec says its blockchain project, which processes between 3,500 to 5,000 trades worth $350B a day, has cut foreign exchange trading costs by 25% (Tom Wilson/Reuters)

Tom Wilson / Reuters:
HSBC exec says its blockchain project, which processes between 3,500 to 5,000 trades worth $350B a day, has cut foreign exchange trading costs by 25%  —  LONDON (Reuters) - HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system …

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