Landmark Group and HSBC: Entered dual-platform blockchain deal

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Landmark Group and HSBC: Entered dual-platform blockchain deal

Landmark Group and HSBC: Entered dual-platform blockchain deal

  • They completed a transaction to connect two independently-built blockchain platforms
  • It marks as a major step in the Middle East’s retail industry adopting blockchain
  • The transaction involved a shipment from Bee Dee Industries to Babyshop retail
  • Landmark Group’s initiated ReChainME platform ensures seamless connection among key participants
  • HSBC issued Voltron platform, which digitizes the Letter of Credit (LC) process
  • HSBC previously facilitated four major LC transactions with this technology