[ad_2][ad_1] One of the world's largest vehicle dealers has just concluded a $ 170 million loan using blockchain technology. Porsche has completed an agreement with the blockchain platform of the Spanish bank Banco Bilboa Vizcaya Argentaria (BBVA). The news makes Porsche the first non-Spanish company to use the general accounting …
Read More »BBVA issues $ 170 million loan to Porsche using Blockchain technology
[ad_2][ad_1] BBVA, the second largest bank in Spain, has officially closed a loan worth $ 170 million using blockchain technology. Banco Bilbao Vizcaya Argentaria (BBVA) reported on December 14 that the multimillion-dollar loan between the bank and Porsche Holding Salzburg, Europe's largest car dealer, was to help the subsidiary Volkswagen …
Read More »BBVA, Porsche Complete the $ 170 million blockchain loan
[ad_2][ad_1] To share Tweet To share To share To share Print out E-mail One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a loan of 170 million dollars (150 million euros) with Porsche Holding using blockchain technology, according to a report. Even if the bank …
Read More »Porsche Holding obtains a loan of $ 170 million through the BBVA blockchain platform
[ad_2][ad_1] Porsche Holding Salzburg, the largest car distributor in Europe controlled by Volkswagen AG, obtained a $ 170 million loan based on a blockchain organized by Spain's second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA). According to the Finextra financial news site, BBVA has negotiated and closed a $ 170 …
Read More »Porsche has a $ 170 million loan using BBVA's Blockchain platform
[ad_2][ad_1] Porsche lent a loan to support its proposed strategic acquisitions using the DLT (distributed ledger technology) platform of the ever-changing Spanish bank BBVA. The loan, valued at € 150 million (the equivalent of almost $ 170 million dollars) is, says a press release from BBVA: "The first acquisition term …
Read More »The Major Spanish Bank BBVA closes a € 150 million loan with Porsche Holding using Blockchain
[ad_2][ad_1] The second largest bank in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), closed a loan of € 150 million using blockchain technology with Porsche Holding, Europe's largest car dealer. The news was reported by the Finextra financial news site on December 14th. The transaction is reported that the first blockchain-based …
Read More »BBVA drives first acquisition term loan on blockchain – FinTech Futures
[ad_2][ad_1] BBVA and Porsche Holding Salzburg have closed the "first" acquisition term loan using blockchain technology. € 150 million term loan backing acquisitions in the retail distribution network in Europe and Asia. Geared up for € 150 million term loan BBVA says: "This is not only the first acquisition of …
Read More »The first Blockchain loan closes in Latin America between concerns of transparency
[ad_2][ad_1] NEW YORK, December 13th (LPC) – Brazil Itaú Unibanco completed the first loan in Latin America with a blockchain platform this month and while the transaction paves the way for banks in the region to test the ledger technology, doubts persist on its transparency. The $ 100 million Itau …
Read More »The first Blockchain loan closes in Latin America between concerns of transparency
[ad_2][ad_1] NEW YORK, December 13th (LPC) – Brazil Itaú Unibanco completed the first loan in Latin America with a blockchain platform this month and while the transaction paves the way for banks in the region to test the ledger technology, doubts persist on its transparency. The $ 100 million Itau …
Read More »Itaú and Standard Chartered launch LatAm's first blockchain-based loan platform
[ad_2][ad_1] Brazil's largest private bank, Itaú Unibanco and Standard Chartered, successfully completed the development and testing of the first draft concept block in Latin America for loans. In parallel, Itaú Unibanco borrowed $ 100 million through a club loan – a type of small syndicated loan – from Standard Chartered …
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