PHI's EXANTE Crypto advances to Beta

EXANTE Crypto is set to launch in Beta on June 21 to get feedback and be improved
12 June 2018   1134

PHI developers team announced its EXANTE Crypto product is to be released as Beta on June 21. First Asset Allocator for crypto investments has entered the final stage. The platform services are greenlit to be free of charge for the first 3 months (the revenue will be generated from the companies listing their tokens on the platform). The initial parameters of the platform are going to be 100 Crypto Assets and the PHI tokens.

In case asset addresses are provided, EXANTE Crypto can be used as an asset position keeper and updated directly from the wallets. PHI is the first hybrid robo-investing platform that allows to invest both in traditional and crypto assets. At the moment of the publication, the market parameters for PHI are as follows:

Average price 0.232856 USD
Market cap 1,163,673 USD
Volume (24H) 753 USD

Bank of China to Issue $2.8B Blockchain Bonds

Bank used its own DLT system to issue blockchain bonds
09 December 2019   56

The fourth largest state bank, the Bank of China, has issued two-year blockchain bonds for small businesses totaling $ 2.8 billion.

To issue digital certificates, Bank of China used its own blockchain system.

It is also the first blockchain-based bond issue accounting system in the country.

Bank of China

Securities will go on sale with an interest rate of 3.25% per annum.

Thus, the bank hopes to raise funds to support small businesses in the country. As of September, as part of this initiative, the bank provided loans to small and micro enterprises for a total of $ 57.7 billion.