08 Feb Listen: CEO Andrew Bird Explains How Tech Can Help The Brexit Deadlock
GSM CEO Andrew Bird took part in a debate on the possible technological solutions in Northern Ireland on ‘The Last Word’.
Explaining the technology which is already available for dealing with SPS issues such as livestock, he went on to point out that the financial services industry is already using the technology which underpins the border solution.
“Not two weeks ago, HSBC released a press release that confirmed they use Distributed Ledger Technology to process over $250 billion worth of transactions in 2018.
“So on one hand you have particularly the equine and veterinary sectors saying we have the technology to manage the SPS considerations and on the other hand you have the very heavily regulated financial services sector saying ‘Hey, we use this technology already: what’s the bother?'”