Interesting Article regarding the potential of Blockchain. HSBC have reported a 25% saving using Blockchain technology for the forex trading platform. What I particularly like is the last two paragraphs
As previously reported, HSBC’s last update on FX Everywhere was this January, when the bank revealed the platform had by then handled 3 million transactions (150,000 payments) — worth $250 billion — since its launch in Feb. 2018.
Beyond forex, HSBC is also one of a dozen banks to have launched a new blockchain trade finance platform last October, alongside BNP Paribas and Standard Chartered
