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[2016-10-21] Hong Kong Banks Plan Mortgage Valuations on Blockchain

Fri Oct 21, 2016 8:37 pm

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In a bold and encouraging move forward, HSBC along with The Bank Of China Hong Kong have publicly addressed their plans to implement blockchain technology in select mortgage services and property valuation models by mid-November 2016. This veer towards the brilliant blockchain “Tech-topia” is a result of the substantial resistance from regulators in big banking, according to Duncan Wong from the government-backed technology company, Astri...

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