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15-06-2018 16:31 4264

Suning Bank

 

"Suning Bank" branch of a Chinese retail enterprise Suning, is testing a blockchain application that will allow financial institutions to include and update bad credit history borrowers, reports Coindesk.

Suning Bank will include in its "black list" suspicious borrowers to expand cooperation with other banks. One of the goals is to reduce machinations. All financial organizations will have access to the "black list".

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