China: World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain ByYashu GolaPRO INVESTOR Updated: 07 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage 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 Join Our Telegram channel to stay up to date on breaking news coverage
