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Stefan Mileschin 12th August 2016 08:25

Banks moving to blockchain technology
Two financial outfits are planning to simplify their trading process using blockchain technology.

For those who came in late, blockchain is a distributed database that maintains a continuously-growing list of data records which are protected from tampering and revision. Both HSBC and R3 have said separately that they had created ways of using blockchain technology to simplify trade finance processes.

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