Blockchain Image.

Blockchain in Financial Institutions: Visa, HSBC and JP Morgan.

By alberdioni8406 | S.O.S | 2 Dec 2019


It's seems that  Financial Institutions are adopting the Blockchain Technology and embracing it . The last November we saw cases of Multinational Companies like Visa, HSBC and JP Morgan using Blockchain to add into their services.

Visa is a well known brand and Worldwide Payment Method that have a service called LucidiTEE based in Blockchain that share Data Between customers and Financial Applications.

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HSBC is a Global British Bank that will use the service Of the Blockchain to substitute the paper work to track back $20 Billions Worth in assets from customers.

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JP Morgan is using their own Blockchain that was created with purposes to adapt it to financial intents called Quorum ,new here is that they are using also the Blockchain in floorplan lending audits and to manage collateral. 

November was The month who saw the Major Financial institutions to develop their own products based in Blockchain and proving one more time the efficiency Of the Technology.

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Blockchain is already changing many services around the World and transforming the Industry. Multi-billionaries companies are improving their services making the Environment more sustainable ,transparent and secure...each transaction on the Blockchain is unique!

If we see This "Giants" getting into this surely it's time to say "The world is going Blockchain" .

 

 

 

 

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