HSBC Reported First Blockchain Based LC Transaction Denominated By Yuan Using Voltron Platform

HSBC on September 3, accomplished the first RMB denominated Blockchain letter of credit (LC) transaction using the Voltron platform. The transaction was denominated in Yuan currency of China using the trading platform of Voltron. Why Voltron platform? Voltron is developed by R3’s Corda technology with the involvement of eight major financial banks across the globe. […]

Japanese Giant Recruit Holdings Invests in Blockstack’s Cryptocurrency

The Japanese human resource firm, Recruit Holdings, valued at $50 billion, has invested in Blockstack’s STACK tokens. This move will pave the way for Blockstack to tap into the Japanese market. Earlier this year, the HR firm had declared their investment plan of a $25 million blockchain fund in blockchain and cryptocurrency projects. The public benefit corporation (PBC), […]