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.