Making use of its proprietary blockchain platform, China’s Bank of Communications (BoCom) has issued residential mortgage-backed securities (RMBS) worth 1.3 billion USD, per a report published by China Money Network, dated September 28, 2018. Blockchain Shooting up to the Moon The RMBS issued by the state-owned commercial bank have the China International Capital Corporation as its lead underwriter and book…The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
Source: BTCManager.com
Original Post: Chinese Bank Issues .3 Billion Securities via Blockchain Amidst Cryptocurrency Crackdown
