Tag Archives: loans

Blockchain reduces approval time on syndicated loans, says BBVA

[ad_2][ad_1] BBVA says he recently completed the first syndicated loan on a distributed ledger. Could this pilot look at the syndicated loan of the future? The borrower, Red Electrica, is an energy distribution company based in Spain. The company required $ 150 million for unspecified "general business purposes". BBVA participated …

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Compound opens a money market protocol on Ethereum to allow loans and loans on ETH blockchain

[ad_1] Compound launches the money market protocol on Ethereum, allowing loans and loans to the Ethereum blockchain The San Francisco Compound launched its Ethereum-based loan platform today. The money market protocol allows individuals, institutions and applications to earn interest or borrow cryptographic resources without having to negotiate with a counterparty …

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