HSBC Completes First Trade Using Blockchain Technology

HSBC Completes First Trade Using Blockchain Technology

HSBC Holding PLC (NYSE:HSBC) told the press on Monday that is completed the world’s first trade finance transaction using blockchain technology. The incentive? HSBC sees blockchain as a solution to help boost efficiency in the multi-trillion-dollar funding of international trade. Last Year, HSBC was awarded ‘World’s Best Bank’ and ‘North America’s Best Bank for Transaction…

Nasdaq CEO: Cryptocurrencies are the ‘Right Next Step in the Space of Currency’

Nasdaq CEO: Cryptocurrencies are the ‘Right Next Step in the Space of Currency’

Speaking on the latest episode of CNN podcast “Boss Files”, Adena Friedman, CEO of Nasdaq gave an indication of her optimistic position regarding the future perspectives for cryptocurrencies. The famous businessperson and female inspirational figure mentioned that according to her perceptions, the use of cryptos could represent an evolution or at least an important innovation…

Bitcoin Price Drops Back Below $9,000

Bitcoin Price Drops Back Below $9,000

Bitcoin price (BTC) retreated below the support level of $9,000 for the first time since the start of this month. Although bulls are firmly defending the cryptocurrency markets, the recent bearish trend was supported by Warren Buffett and Bill Gates downbeat assessment of bitcoin price. “Very quiet. The bulls will say it’s an accumulation phase.…