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BBVA Closes Loan with Madrid Government Using the Blockchain
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BBVA Closes Loan with Madrid Government Using the Blockchain

BBVA Closes Loan with Madrid Government Using the Blockchain

Fintech Nexus Staff·
FintechNews Roundup
·Apr. 4, 2019·1 min read

The deal marks the first blockchain powered sustainable “Schuldschein” loan and totaled €220 million; the funds will be used for sustainable projects; blockchain technology was leveraged for the negotiation of the deal and both BBVA and Madrid’s regional government used their own nodes to establish a network between them. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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