Quote from: pageraji on May 16, 2018, 03:56:11 PM

Quote from: LuBro on May 16, 2018, 12:52:52 PM

Quote from: himanshu93 on May 16, 2018, 12:46:07 PM

which blockchain was used and what was the amount of transaction? please elaborate

HSBC used Corda or Corda Platform as the basis from the blockchain startup r3 (more information can be found here). Corda is to serve as an open source platform that will make partnerships like this possible. Working closely with the partners, to create a diverse ecosystem of interoperable applications within one platform, all providing unique solutions to the challenges facing financial market participants today.

may be in the future all bank will use like this Corda platform, whats valuable of Corda? may be like ripple or better?

Dude, did you read my arguments ahhaha? Corda is a open-source blockchain, it's not a coin, it's a code I would say.
Here for you:

"R3 is an enterprise software firm working with a network of over 200 banks, financial institutions, regulators, trade associations, professional services firms and technology companies to develop on Corda, our blockchain platform designed specifically for businesses."

Quote from: tora on May 16, 2018, 04:15:02 PM

The problem will be if the value of bitcoin drops before transaction is complete. Will bank ask for difference to be made?

I think these are risks that everyone has to be clear of. Both sides, the trader and the banks have to know that it can happen that way.

Quote from: staywoke081 on May 16, 2018, 05:44:22 PM

I don't believe they will use the current cryptos either other than Bitcoin but they will certainly use the technology. And since one bank has begun to use blockchain for remittances internationally, it is only going to open the flood gates for later. Previously I disliked HSBC, but as they are opening this side of the world for the other, I appreciate their help in doing so

.

That's it, I also think they will just use the technology as Corda or R3 for their kind of business. I really like the way this is developping!

Quote from: Pierre 2 on May 16, 2018, 07:12:46 PM

This is one of the most cool news I have seen around bitcointalk forums lately.
Some people may underestimate commercial but its probably more important than personal trades for future.

I found it very interesting and it's a great topic to discuss, so I really like to see more and more opinions about this whole area.

I think we really use most of the blockchain just for trading some coins, but some projects are up to more than just that. Let's see!

Quote from: tycsols on May 16, 2018, 08:08:51 PM

This is definitely great news for the future of the blockchain technology, ripple has also made numerous partnerships with a number of banks and financial institutions mainly the remittance service providers, all these partnerships will eventually lead towards the mass adoption and realization among the governments and big establishments that blockchain tech is the real thing and the way forward.

I personally don't really like Ripple, but the partnerships are something what makes this coins more reasonable for me! I like the way where this will lead to. But I have to inform myself more about Ripple before I post something about it. But what I just found is:
"Ripple has launched a new initiative, Xpring, that will provide investments and grants to entrepreneurs using the XRP token and the XRP ledger (more in this article)"

LuBro

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