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Tag: Bank

KCN: FIRST LOAN ON BLOCKCHAIN

KCN: FIRST LOAN ON BLOCKCHAIN The Agricultural Bank of China (ABC), the world’s fourth-largest bank by assets, has issued its first loan on blockchain, local news outlet Financial News reported July 31. State-owned ABC, which counts itself among China’s “Big…

WHY BIG BANKS CHOOSE IBM TO RUN BLOCKCHAIN

WHY BIG BANKS CHOOSE IBM TO RUN BLOCKCHAIN IBM becomes a leading choice for blockchain implementation among international companies. Cryptocurrency transactions tend to be recorded on blockchains, whose software provides a heightened level of security and encryption. The encryption offered…

LITECOIN IN GERMAN BANK

LITECOIN IN GERMAN BANK Like many crypto-related companies, Satoshi Lite says the Litecoin Foundation was having trouble getting a bank account, so they decided to buy a stake in a German bank and are working to make the banking industry…