HSBC in blockchain platform talks with Bank Negara

Regional head of global trade and receivables finance Ajay Sharma said the central bank was receptive with the platform and blockchain technology and was interested to find out more from HSBC as it had successfully performed a transaction using the technology.

KUALA LUMPUR: HSBC Malaysia is in regular engagement with Malaysian regulators, particularly Bank Negara, in pushing blockchain-based trade finance platform.

Regional head of global trade and receivables finance Ajay Sharma said the central bank was receptive with the platform and blockchain technology and was interested to find out more from HSBC as it had successfully performed a transaction using the technology.