Half of Public Banks in China Used Blockchain in 2017

According to a report from CEBNet 12 of China’s public banks used Blockchain technology in 2017; the banks included in their public filings the cases that they used Blockchain applications for; Blockchain was used for ID verification, cross border credit and they issuance of invoices; banks on the list include China Construction Bank, Bank of China, the Agriculture Bank of China and more. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.