HSBC and Ant Digital conducted a technical trial demonstrating the use of artificial intelligence agents to facilitate micropayments through tokenized deposits. This collaboration explored how AI agents could autonomously discover financial services and execute transactions in real-time.
Reports mentioning HSBC
HSBC has developed a machine-learning model designed to predict the direction of the 10-year U.S. Treasury note, an instrument considered pivotal in global financial markets. This model has achieved an accuracy rate of 65% in its predictions.
Standard Chartered and HSBC successfully executed the first live transaction on Swift's blockchain ledger on November 15, 2023, marking a significant advancement in cross-border payment technology. This inaugural transaction directly connected the banks' separate tokenized deposit systems, demonstrating a tangible…
Swift, the global interbank messaging system, has launched a new blockchain-based ledger designed to enable 24/7 real-time payments for its member banks. Seventeen major global financial institutions are preparing to pilot live transactions on this platform, which utilizes tokenized digital…