BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 6,373.54     HIGH: 6,419.34     LOW: 6,354.26

=
BTCManager.com
advertisement
Next Event

Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

Click for more details
advertisement

Tag: loan

China: Prominent Bank Issues $300,000 Loan Using Blockchain Technology

Category: Blockchain, Finance, News

China: Prominent Bank Issues $300,000 Loan Using Blockchain Technology

On July 31, 2018, the Agricultural Bank of China (ABC) revealed it had successfully completed a $300,000 loan using a private blockchain. Loan Issuance Via Blockchain As reported by Chinese outlet Financial News, ABC’s Guizhou bank branch was the facilitator of this development. The bank issued the loan against a piece of agricultural land as collateral. ABC is China’s fourth-largest…

READ MORE

Join our Telegram Channel!