It’s a private blockchain project without the need for any cryptos, more like a distributed network for efficiency.
Still, there’s no running away from the technology that scares the shit out of man on the street.
China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain
In a significant breakthrough to deepen the reform of mortgage loans, the Agricultural Bank of China (ABC) revealed that it has issued a farmland loan worth $300,000 on the blockchain in a trial.
The bank, as reported by a local news source, used a segment of agriculture land……
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