HSBC, BAML create blockchain app to mirror LC deals
Bank of America Merrill Lynch (BAML), HSBC and the Infocomm Development Authority of Singapore have built a prototype application which mirrors a paper-intensive letter of credit (LC) transaction.
Bank of America Merrill Lynch (BAML), HSBC and the Infocomm Development Authority of Singapore have built a prototype application which mirrors a paper-intensive letter of credit (LC) transaction.