Topic: Good news not only for bankers (Read 129 times)
If this is true,its going to be another achievement of the cryptocurrency community as it is a further step of these banks to fully accepts bitcoin as a major digital currency.Because there will be less chances for these banks to adopt the technology if there wont be someone that will start to acccepts it.Few years or decades cryptocurrencies will be more massive.
with a bank that will spend money in the form of blockchain it will be very good for all circles of people who are members of the world blockchain, I personally very happy to hear this news, hopefully this can be good for us all.
Today, the Bank of Spain Banko Bilbao Vizcaya Argentaria (BBVA) issued the first loan in world history using the blockchain technology. According to the bank's director, the time to prepare, sign the contract, confirm and issue the money itself was reduced from the others or three days to 2 hours. This is now being discussed by all bankers in different countries. The loan amount is 75 million euro.
Today read in Financial Times "Financial Times BBVA issues corporate loan using blockchain".
But for blockchain sector because it has proven if the blockchain can be used in our real life. But read this doesn't give any impact to the cryptocurrency because that news is only focusing on the blockchain section. This has nothing to do with cryptocurrency sector just like only a good news to the blockchain developer because that firms need more and more blockchain expert. Today read in Financial Times "Financial Times BBVA issues corporate loan using blockchain".
I think this raises the level of confidence in this industry. Yes, the impact on cryptocurrency here is indirect. But I'm looking at people from the office, who today read this news. It made a very big impression on them. They discussed cryptocurrency in this context.
Today, the Bank of Spain Banko Bilbao Vizcaya Argentaria (BBVA) issued the first loan in world history using the blockchain technology. According to the bank's director, the time to prepare, sign the contract, confirm and issue the money itself was reduced from the others or three days to 2 hours. This is now being discussed by all bankers in different countries. The loan amount is 75 million euro.
Today read in Financial Times "Financial Times BBVA issues corporate loan using blockchain".
But for blockchain sector because it has proven if the blockchain can be used in our real life. But read this doesn't give any impact to the cryptocurrency because that news is only focusing on the blockchain section. This has nothing to do with cryptocurrency sector just like only a good news to the blockchain developer because that firms need more and more blockchain expert. Today read in Financial Times "Financial Times BBVA issues corporate loan using blockchain".
Today, the Bank of Spain Banko Bilbao Vizcaya Argentaria (BBVA) issued the first loan in world history using the blockchain technology. According to the bank's director, the time to prepare, sign the contract, confirm and issue the money itself was reduced from the others or three days to 2 hours. This is now being discussed by all bankers in different countries. The loan amount is 75 million euro.
Today read in Financial Times "Financial Times BBVA issues corporate loan using blockchain".
Today read in Financial Times "Financial Times BBVA issues corporate loan using blockchain".
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