In a world first, the Spanish bank has executed a €150 million ($170 million) syndicated loan deal with Red Electrica Corporation using the firm’s blockchain platform. Blockchain-Powered Syndicated Loan Spanish banking giant BBVA, along with BNP Paribas and MUFG, has delivered the world’s first blockchain based syndicated loan. The loan was granted to Red Electrica...The post Spain’s BBVA Bank, Red Electrica Settle $170 Million Syndicated Loan on Blockchain appeared first on Live Bitcoin News.
