blockchain transaction

HSBC Malaysia Bank Sends First LC Transaction Using Blockchain

October 23, 2019
HSBC has enacted the countries’ first blockchain transaction with the execution of credit deal letters involved in the importation of resins from Singapore. It marks an excellent step for the Malaysian companies in the digitalization of trade. The Undertakings Involved A Malaysian company, Simply Packaging Sdn Bhd, got into a transaction with a company in Singapore, both companies

Seagate Moving Forward with Blockchain Pilot to Track Hard Drives

August 5, 2019
American tech giant Seagate has entered the pilot stage of its blockchain project designed to fight counterfeit hard disk drives (HDD), Forbes reported on July 30. This pilot is a part of the joint initiative Seagate and IBM launched last November. The project aims to help manufacturers, integrators and business partners to better authenticate the provenance of HDDs by using IBM’s Blockchain Platform.

The Global Cryptocurrency Market is Set to Grow on the Widespread Adoption of Bitcoin

November 8, 2018
According to data compiled by Transparency Market Research, the global cryptocurrency market was valued USD 574.3 Million in 2017 and is projected to reach USD 6.7 Billion by 2025. It is also expected to register a CAGR of 31.3% during the forecast period. The market growth is attributable to bitcoin’s widespread adoption. Bitcoin has a had a meteoric rise