Golden Finance reported that HSBC and Ant International announced today the successful completion of the Hong Kong Monetary Authority's Ensemble project sandbox HKD cross-border test transactions. This is the first use case in the Ensemble sandbox trial to successfully achieve HKD cross-border test transactions under the Liquidité management theme. The use case of Ant International and HSBC combines the networks of HSBC and Hang Seng Bank with Ant International's Whale platform to support round-the-clock real-time cross-border transfers, improve cost-effectiveness, reduce operating costs, and enhance the efficiency and transparency of fund flows using blockchain technology, chiffrement technology, and artificial intelligence.
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HSBC and Ant International have completed the HKMA's Ensemble project's cross-bank blockchain test transaction in Hong Kong dollars.
Golden Finance reported that HSBC and Ant International announced today the successful completion of the Hong Kong Monetary Authority's Ensemble project sandbox HKD cross-border test transactions. This is the first use case in the Ensemble sandbox trial to successfully achieve HKD cross-border test transactions under the Liquidité management theme. The use case of Ant International and HSBC combines the networks of HSBC and Hang Seng Bank with Ant International's Whale platform to support round-the-clock real-time cross-border transfers, improve cost-effectiveness, reduce operating costs, and enhance the efficiency and transparency of fund flows using blockchain technology, chiffrement technology, and artificial intelligence.