Spain’s Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), a multinational Spanish banking group,Β has officially become the first global bank to issue a loan using Bitcoin’s underlying technology, the distributed ledger β€” hailing the event as a “significant advance in the exploitation” of the technology. BBVA is Banking on the Blockchain The loan in question is a €75m corporate loan.Β As reported by Financial Times, the entire loan process was processed using a mutually distributed ledger, including the negotiation Read More The post BBVA Issues First Ever Corporate Loan on the Distributed Ledger appeared first on Bitcoinist.com.



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