In a first, Tata Steel, HSBC execute blockchain-enabled transaction
"Tata Steel and HSBC successfully executed a blockchain enabled transaction, a global first for the steel industry. This transaction was executed on Contour's blockchain platform," a statement said.
Bitcoin crashes by 12% to $52,149 in less than 24 hours; other cryptocurrencies Ethereum, XRP and Stellar feel the heat
Tata Steel along with HSBC has executed a blockchain-enabled trade transaction -- a global first for the steel industry.
"Tata Steel and HSBC successfully executed a blockchain enabled transaction, a global first for the steel industry. This transaction was executed on Contour's blockchain platform," a statement said.