A Shared Blockchain Will be Used in China to Host Bank’s Credit Blacklist
According to a report published on June 14 by local news source Sina Finance, Suning Bank, created a fintech program, which puts borrowers on a blacklist located on a distributed ledger database. The initiative based on the financial technology is seen as an effort to prevent credit frauds and enhance collaboration between banks.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/shared-blockchain-used-in-china-to-host-credit-blacklist/