[2018-08-17]ABC Bank Partners with Hyperchain to Launch Blockchain-based Loan

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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 released 2 month after the bid won by the Hyperchain team.



http://news.8btc.com/abc-bank-partners-with-hyperchain-to-launch-blockchain-based-loaning-system