Originally posted by mattrix
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
whilst all of this is good for the blockchan story and I would factor in JP Morgan’s announcement a couple of days ago about their blockchain initiate .
The question I have , which I am hoping someone out there in this thread can answer is - How is FGF going to capitalise on these companies creating their own blockchain systems and tokens ..? I really don’t know and I can’t see how they cap capitalise on this as I don’t think the Big Boys will them play with them.
