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HSBC will scan $ 20 billion in assets on a Blockchain

The bank HSBC’s plan to track approximately $ 20 billion in assets on a platform of custody based on Blockchain at the beginning of next year. According to the report, HSBC has the intention of moving your current records on paper to its Digital platform Vault to march 2020, which allows investors to track securities in real time. The bank with headquarters in the United Kingdom scanned, specifically their records of the private placement, which will allow investors to quickly verify the holdings. The records are currently in paper records, according to the report. It can be “complicated and slow” to access them in their current form. HSBC is only transferring the 40 per cent of its logs to a chain of blocks, according to the report. The bank has $ 50 billion in assets today.

Bitcoin will see their future defined by the African

Bitcoin (BTC) you will see your future “defined” by Africa, one of its defenders most well-known has been predicted that after the completion of a tour of the continent. In a tweet on the 27th of November, the CEO of Twitter and Square, Jack Dorsey, said that he would return to Africa in 2020 after spending time traveling in Nigeria and Ghana this month.

“Africa will define the future (especially the Bitcoin!”), He commented, revealing that it planned to spend up to six months on the continent next year. During his time in Nigeria, Dorsey attended a meeting of Bitcoin, continuing his defense of the criptomoneda.

Saudi Arabia and the UAE are working on next digital currency

The crown Prince of Saudi Arabia, Mohammed bin Salman, arrived yesterday to the United Arab Emirates (UAE) for an official visit to discuss measures joint policies, including a plan of digital currency. The private journal of the United Arab Emirates, The National, reported that Prince Mohammed was received by His Highness Sheikh Mohamed bin Zayed al Nahyan, crown Prince of Abu Dhabi and the Supreme Commander’s Deputy of the Armed Forces of the UAE. According to reports, the two leaders have officially agreed to four new political associations and have been revised seven strategic initiatives. On the agenda there was a policy to launch a digital currency to facilitate interbank trading between the two countries.

Kakao Klaytn ahead of Pound Facebook

Yeo Min-soo, CEO of the Internet giant south Korean Kakao, said that the chain of blocks Klaytn of your company is similar to the Pound of Facebook, except that it is far ahead in its development. According to the Korea Herald today, Min-soo praised the development of Klatyn during the first Summit of the Council of Government of Klaytn held in Seoul: “Pound Facebook was launched last month with the goal of recruiting 100 partners. Pound is taking a similar approach to ours, but has not yet experienced the milestones that we have crossed. (…) The next year, Klaytn will become the largest consortium blockchain of Asia”. The platform Klaytn, developed by the subsidiary of the blockchain of Kakao, Ground X, currently has 27 signatures on its governing Council, of which the combined value is 70 billion won (over $ 59.3 billion). In addition to operating Klaytn, Kakao plans to launch a digital wallet called Klip at the beginning of 2020 through which the users can exchange the criptomoneda Klayo Klayo. The following two tabs change content below. Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and the development that they offer to humanity.

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About the author

Caroline W.

Caroline W.

Caroline is passionate about learning languages, cultures and the Internet. She has years of experience working at international online advertising projects. Growing interested in Bitcoin and cryptocurrencies in late 2018, she joined CurrencyMarket24 as a writer.