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WiseYoda

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WiseYoda

Re: KC01905 post# 30574

Wednesday, 12/15/2021 11:50:58 PM

Wednesday, December 15, 2021 11:50:58 PM

Post# of 36193
They say they use a blockchain based settlement system which uses HSBC proprietary technology. I read some suggesting that the blockchain is SWIFT, QNT or others but it looks like HSBC developed its own in house solution. A private blockchain though cannot be decentralized and can’t say at this stage if its an actual threat to Ripple or not. Need to learn more about it but I am curious to know how interoperability has been achieved in between the different systems? https://www.hsbc.com/news-and-media/media-releases/2019/fx-everywhere
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