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S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’
27.5.2019
South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans.
The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities. In...
DeFi and Credit on the Blockchain: Why Loans Are Better When They’re Decentralized
26.5.2019
Decentralized loans: more accessible, more transparent and more controllable
Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans
22.5.2019
A group of four banks have successfully issued a promissory note, a type of legally binding loan agreement, through a new blockchain platform
BlockFi Crypto Management Firm Adjusts Interest Rates
21.5.2019
BlockFi asset management has adjusted interest rates for accounts holding bitcoin and ether
Crypto Platform Says It Launches Two Products to Challenge Banks and Empower Customers
17.5.2019
A crypto platform says it is launching new features and adding a broader range of tokens, with the aim of giving its user base greater financial empowerment #SPONSORED
New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction
17.5.2019
The New York Supreme Court has granted crypto exchange Bitfinex’s motion to modify an injunction by the New York Attorney General
Three French Banks Join R3 Corda Blockchain-Based Loans Platform
14.5.2019
Three major French banks, BNP Paribas, Natixis, and Societe Generale, join Corda blockchain-based syndicated loans platform
Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
10.5.2019
Morgan Creek-backed blockchain equity loan platform Figure secured a $1 billion “uncommitted” financing facility via blockchain
Ex-SoFI CEO’s Startup Closes $1 Billion Credit Line on a Blockchain
10.5.2019
Figure Technologies, founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain
Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
10.5.2019
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator...