$BTC
Ant Group and HSBC Connect Blockchain for Real-time Transfers
This trial demonstrates a significant shift in cross-border financial operations, leveraging the efficiency and speed of blockchain technology. Kelvin Li, General Manager of Platform Tech, Ant International, stated, “Our relationship has enabled us to work across different geographies and cover a wide range of global payment businesses. The Tokenised Deposit Service is one of the main means to enable us to do real-time payments globally and also enable us to achieve real-time treasury management on a global basis.” The compatibility with the ISO 20022 standard enhances the ability to manage cross-border funds in real-time, potentially marking a new era in regulated financial transactions, distinct from traditional cryptocurrencies.#BTC #Binance #BinanceAlphaAlert