South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
Crypto News
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Crypto News
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South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance

btcethereumadmin - May 28, 2019

Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products. Specifically, the bank…

Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
Blockchain
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Blockchain
46 views

Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

btcethereumadmin - May 27, 2019

Shinhan Bank introduced its blockchain-powered lending platform, allowing clients to get loans without face-to-face interaction. Korea’s oldest bank, Shinhan Bank, has launched a blockchain-enabled lending platform to…

DeFi and Credit on the Blockchain: Why Loans Are Better When They’re Decentralized
Blockchain
116 views
Blockchain
116 views

DeFi and Credit on the Blockchain: Why Loans Are Better When They’re Decentralized

btcethereumadmin - May 26, 2019

Decentralized credit and loans: better for borrowers and better for the economy. In the feverish quest to decentralize anything even remotely open to decentralization, one of the…

Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans
Blockchain
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Blockchain
15 views

Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans

btcethereumadmin - May 22, 2019

Following a successful pilot transaction on the new blockchain platform finledger, there are plans to roll out the tech to the entire industry. A group of four…

BlockFi Crypto Management Firm Adjusts Interest Rates
Bitcoin
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Bitcoin
60 views

BlockFi Crypto Management Firm Adjusts Interest Rates

btcethereumadmin - May 22, 2019

BlockFi has adjusted its interest rates for accounts holding ether and bitcoin. Cryptocurrency asset management company BlockFi announced a change to its interest rates in a monthly…

Crypto Platform Says It Has Launched Two Products to Challenge Banks and Empower Customers
Altcoin
16 views
Altcoin
16 views

Crypto Platform Says It Has Launched Two Products to Challenge Banks and Empower Customers

btcethereumadmin - May 17, 2019

sponsored A crypto platform is unveiling features that enable users to borrow against their assets to unlock spending power. A “next-generation” mobile payment platform has unveiled two…

Crypto Platform Says It Launches Two Products to Challenge Banks and Empower Customers
Altcoin
50 views
Altcoin
50 views

Crypto Platform Says It Launches Two Products to Challenge Banks and Empower Customers

btcethereumadmin - May 17, 2019

sponsored A crypto platform is unveiling features that enable users to borrow against their assets to unlock spending power. A “next-generation” mobile payment platform has unveiled two…

New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction
Blockchain
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Blockchain
49 views

New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction

btcethereumadmin - May 17, 2019

Bitfinex’s motion to modify an injunction by the New York Attorney General has been approved by the state’s supreme court. Justice Joel Cohen of the New York…

Ex-SoFI CEO’s Startup Closes $1 Billion Credit Line on a Blockchain
Crypto News
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Crypto News
76 views

Ex-SoFI CEO’s Startup Closes $1 Billion Credit Line on a Blockchain

btcethereumadmin - May 10, 2019

Figure Technologies, a fintech startup founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain. Investment bank Jefferies…

Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
Blockchain
113 views
Blockchain
113 views

Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility

btcethereumadmin - May 10, 2019

Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS. Morgan Creek-backed blockchain equity loan platform Figure…