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Which two major banks recently signed an MoU to collaborate on the development of a blockchain-based trade finance platform?
  • a)
    Wells Fargo and Citigroup
  • b)
    HSBC and Standard Chartered
  • c)
    JPMorgan Chase and Bank of America
  • d)
    Barclays and Deutsche Bank
  • e)
    Goldman Sachs and Morgan Stanley
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which two major banks recently signed an MoU to collaborate on the dev...
HSBC and Standard Chartered recently signed an MoU in 2023 to collaborate on the development of a blockchain-based trade finance platform. The platform aims to digitize and streamline trade processes, improving efficiency, security, and transparency in international trade transactions.
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Which two major banks recently signed an MoU to collaborate on the development of a blockchain-based trade finance platform?a)Wells Fargo and Citigroupb)HSBC and Standard Charteredc)JPMorgan Chase and Bank of Americad)Barclays and Deutsche Banke)Goldman Sachs and Morgan StanleyCorrect answer is option 'B'. Can you explain this answer?
Question Description
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