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HSBC and Ant International completed HKMA's Ensemble project HKD cross-border blockchain test transaction

2024-10-29 08:19:21

Golden Finance reported that HSBC and Ant International announced today that they have successfully completed the HKD interbank test transaction under the Hong Kong Monetary Authority's Ensemble project sandbox. This is the first successful case of HKD interbank test transaction in the Ensemble sandbox trial under the Liquidity Management theme. Ant International and HSBC's case combines HSBC and Hang Seng Bank's networks with Ant International's Whale platform to support real-time interbank transfers 24/7, improve cost-effectiveness, reduce operational costs, and enhance efficiency and transparency of fund flow using blockchain technology, encryption technology, and artificial intelligence.

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Comment

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joymi12

· 2024-10-29 08:26

Buy the Dip 🤑

Reply0