The bank integrates Identitii tokenization technology to launch HSBC DART, a secure digital information exchange. This service allows corporate buyers and vendors in India to connect and share data securely, reports IT Wire.
The collaboration with the Australian blockchain IT firm adds a secure information layer that protects data, and enables businesses to communicate additional information when sending invoices or payments.
Nick Armstrong, Identitii CEO:
“HSBC’s DART is an industry first. It is the culmination of innovative work undertaken by both Identitii and HSBC to solve a particular challenge in how corporates and banks communicate and reconcile financial messages.”