Blockchain-based bonds: Bank of China issues $2.8 billion in blockchain-based bonds

Supporting finances for small and medium-sized companies (SMEs) is one of the major uses of blockchain in China. Industrial and Commerce Bank of China, the largest bank by assets in the world, began offering factoring services to SMEs in early 2018. Previously, Spanish banking giant Santander issued bonds based on the Ethereum Network.Supporting finances for small and medium-sized companies (SMEs) is one of the major uses of blockchain in China. Industrial and Commerce Bank of China, the largest bank by assets in the world, began offering factoring services to SMEs in early 2018. Previously, Spanish banking giant Santander issued bonds based on the Ethereum Network.Read More