Consortium of 11 Indian Banks Launch Blockchain-Linked Funding for Small Businesses234

Eleven Indian banks have joined an initiative that may change the way small businesses obtain loans, via blockchain. The blockchain-linked loan system will focus on small and medium enterprises and aims to remove communication barriers between India’s largest banking providers.

A consortium of India’s eleven largest banks launched the first ever blockchain-linked loan system in the country.

Original source
https://cryptoslate.com/11-indian-banks-launch-blockchain-linked-funding/

Add comment

Please Sign in to be able to leave comments.