As blockchain takes over finance, it seems HSBC are the first to use the EU blochain system we.trade. The we.trade project is reportedly backed by 12 shareholders, including Deutsche Bank, CaixaBank, Natixis, Nordea, Rabobank, Santander, Société Générale, and HSBC. Based in Dublin we.trade organisded a Hyperledger Fabric-based tool for managing, tracking and securing open account trade transactions between businesses in Europe. It is also said that companies can use we.trade to access a so-called bank payment undertaking (BPU) from their banks. HSBC refers to this instrument as “an online equivalent of a letter of credit (LC)”. Which involves the buyer’s bank providing the seller with an irrevocable undertaking to pay the invoice at maturity date. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD technical analysis: Cable holds onto gains near new monthly highs, flirting with the 1.2300 figure FX Street 4 years As blockchain takes over finance, it seems HSBC are the first to use the EU blochain system we.trade. The we.trade project is reportedly backed by 12 shareholders, including Deutsche Bank, CaixaBank, Natixis, Nordea, Rabobank, Santander, Société Générale, and HSBC. Based in Dublin we.trade organisded a Hyperledger Fabric-based tool for managing, tracking and securing open account trade transactions between businesses in Europe. It is also said that companies can use we.trade to access a so-called bank payment undertaking (BPU) from their banks. HSBC refers to this instrument as "an online equivalent of a letter of credit (LC)". Which involves the buyer's… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.