Uber Tests Blockchain for Weekend Cash Access with HSBC and Franklin Templeton

• Uber tested a blockchain system to manage corporate funds, allowing weekend cash access.
• The pilot involved collaboration with HSBC and Franklin Templeton.
• The system enabled Uber to keep funds invested in money market products while accessing cash for payments.
• The setup is expected to be adopted by more companies in the coming months.
• The blockchain system aimed to capture higher returns by trading on weekends.