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Tag Archives: HSBC

HSBC executes blockchain-enabled trade transaction for AMNS and Universal Tube

TBB BUREAU MUMBAI, OCT 4, 2021 HSBC on Monday said it has successfully executed a blockchain-enabled live trade finance transaction between ArcelorMittal Nippon Steel India and UAE’s Universal Tube and Plastic Industries. The transaction reinforces the commercial and operational viability of blockchain as an alternative to conventional exchanges for paper-based documentation. With AM/NS India as the seller of steel goods ...

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