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Orion DLT

HSBC issues HKD 1 billion digital bonds using distributed ledger technology

ChainCatcher news, according to Ledger Insights, HSBC has issued a one-year digital note worth HKD 1 billion (USD 128 million) using distributed ledger technology (DLT). The structure of this issuance is similar to the HKD 7.56 billion sovereign digital bond issued earlier this year. Therefore, the latest digital note is issued through HSBC Orion DLT, with the local Central Securities Depository (CSD) CMU acting as the platform operator.It is reported that HSBC's blockchain bond tokenization platform, HSBC Orion, uses a combination of Digital Asset's DAML and Hyperledger Fabric technology.
2024-09-29
HSBC
digital bonds
Orion DLT
blockchain
distributed ledger technology
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Qiong ICP No. 2021009392
Qiong ICP No. 2021009392
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