China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain

[ad_1]

In a significant breakthrough to deepen the reform of mortgage loans, the Agricultural Bank of China (ABC) revealed that it has issued a farmland loan worth $300,000 on the blockchain in a trial. The bank, as reported by a local news source, used a segment of agriculture land as collateral to issue the mortgage loan in

The post China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain appeared first on CCN

[ad_2]

MrCrypto
We will be happy to hear your thoughts

Leave a reply

Mr Cryptopedia
Logo
Enable registration in settings - general
Compare items
  • Total (0)
Compare
0