China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain Author: Yashu Gola Last Updated: 31 July 2018 In a significant breakthrough to deepen the reform of mortgage loans, the Agricultural Bank of China (ABC) revealed that it has issued a farmland loan worth $300,000 on the blockchain in a trial. The bank, as reported by a local news source, used a segment of agriculture land as collateral to issue the mortgage loan in The post China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain appeared first on CCN
