NATWEST TO BECOME WORLD'S FIRST BANK TO USE BLOCKCHAIN FOR LOAN MANAGEMENT

Even though blockchain was originally developed to replace conventional banks, it seems they might also have uses for the decentralized technology too. NatWest just announced in a press release that by Next month, it'll be the world's first bank to use blockchain to manage syndicated loans. $3.5 trillion in syndicated loans brokered in 2017 Syndicated loans are more simple than they might sound. In cases where the risk of lending is too large for...

TheNextWeb.com (Date:10/18/2018 13:31) Read full article >>

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