All Insights|Future Nexus
fintechMay 7, 2018

Half of Public Banks in China Used Blockchain in 2017

According to a report from CEBNet 12 of China’s public banks used Blockchain technology in 2017; the banks included in their public filings the cases that they used Blockchain applications for; Blockchain was used for ID verification, cross border credit and they issuance of invoices; banks on the list include China Construction Bank, Bank of China, the Agriculture Bank of China and more. Source.