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2019-10-03 15:27:48

China Merchants bank enters blockchain through Nervos Network

China Merchants Bank International (CMBI) has announced its entry into blockchain through a collaboration with Nervos Network. CMBI partner with Nervos Network The CMBI is a “wholly-owned” subsidiary of the China Merchants Bank. The bank is a major Chinese bank that is owned by corporate entities and has headquarters in Shenzhen. Through the collaboration, the two will develop and deploy decentralized applications (dApps) for financial services. Moreover, the two will act as a strategic ecosystem partner in the financial services industry. The Nervos Network will guide CMBI in the blockchain ecosystem, assisting them in their blockchain exploration. Nervos would be