Tag Archives: loan

Porsche uses the Blockchain platform to close $ 170 million loan

[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 …

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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 …

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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 …

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