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The UK Treasury selects HSBC's blockchain platform to issue digital government bonds.
Deep Tide TechFlow News, February 12 — According to Bloomberg, the UK Treasury has selected HSBC Holdings Plc’s Orion blockchain platform as the pilot issuance platform for the country’s digital sovereign debt instruments. This move is part of the UK’s update to its national capital market infrastructure plan. In a statement released by HSBC on Thursday, issuing bonds on the blockchain will improve the structure of the UK debt capital market by speeding up settlement times.