One of the World’s Largest Banks Issued $300k Loan Using Blockchain
Issuance of the $300,000 land-backed loan becomes the first experience of the Agricultural Bank of China in issuing loans using blockchain.
Blockchain news category covers the foundational technology powering the crypto world. Discover updates on scalability solutions, layer‑1 and layer‑2 protocols, decentralized apps (dApps), enterprise adoption, and how blockchain is reshaping sectors from finance to supply chain. A must‑read for understanding the infrastructure behind the headlines.
Issuance of the $300,000 land-backed loan becomes the first experience of the Agricultural Bank of China in issuing loans using blockchain.
Following “frustrating” process of receiving the final approval from Canada’s regulators, Novogratz’ cryptocurrency merchant bank Galaxy Digital gets listed on Toronto’s TSX Venture Exchange.
IBM, CLS, and nine financial institutions are testing a new platform which can make it easier for banks to access distributed ledger technology (DLT) solutions from fintech and software providers.
The Commonwealth Bank of Australia used the Ethereum blockchain platform for tracking an international shipment of almonds as part of its experiment.
One of the world’s largest stock exchange Nasdaq organized a closed-door meeting devoted to the issues of cryptocurrency regulation.
BINEX.TRADE unveiled the Alpha version of its innovative exchange in order to test-run the exchange platform’s performance without the traders.
OraSaifu has launched the world’s first all-in-one hardware cryptocurrency wallet, offering its users bank level of security for credit cards and cryptos.
Cryptocurrency futures and options exchange Deribit enables traders to take fiat currency loans backed by cryptocurrency and digital asset collaterals.
AVINOC connects passengers, airlines, air traffic control and travel agencies to bring the power of decentralization into the General Aviation.
Check out the report jointly created by OK Blockchain Capital and Coinspeaker covering main trends of blockchain industry over July 14 – July 22, 2018, with strong focus placed on the market overview, analysis of the newly listed and closed public sales projects, along with topical news on global governmental policies.
Professional services giant PricewaterhouseCoopers Switzerland will conduct an external audit of the Tezos Foundation, which is the first time when a blockchain organization is accepted as an audit client by a Big Four firm.
Decentralized prediction protocol Augur, which finally launched in full July 9, has got under fire for speculating on death benefits.
Initial coin offerings (ICOs), the funding mechanism for releasing new digital currencies, are an enigma. They are at once a vital component for the proliferation of the decentralized economy, and they are one of the most controversial aspects of its development.
KT Corporation will use the blockchain technology to streamline several of its processes including energy trading, data roaming and ID verification.
Investing into blockchain startups can be rather challenging for small investors. Nevertheless, working with funds can open new opportunities for them.