BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 6,422.07     HIGH: 6,480.00     LOW: 6,223.90

=
BTCManager.com
advertisement
Next Event

Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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!