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Agricultural Bank of China Launches Blockchain-based Loan System

Agricultural Bank of China Launches Blockchain-based Loan System

On 1 August, ABC (Agricultural Bank of China) completed the 1st blockchain-based loaning business with the technical support from Hyperchain, a Hangzhou-based blockchain startup. The launch of “E-blockchain Loan” system marks the first practical blockchain-based user case in domestic banking industry. ABC is one of the four major state-owned bank in China. The product was...

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ATMChain’s Project In China With 7,000 Intelligent Media Screens ‘Goes Blockchain’ Through DECENT

ATMChain’s Project In China With 7,000 Intelligent Media Screens ‘Goes Blockchain’ Through DECENT

The DECENT Network has announced that ATMChain, a new third-party application and an open platform ecosystem based on the blockchain network being developed on top of the DECENT Protocol, will support DCT as a method of payment in their Initial Coin Offering (ICO), which starts on August 8, 2017 at 14:28 (China, Beijing Time). Built on DECENT’s...

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