Loans BBVA, Porsche Complete $170 Million Loan With Blockchain

BBVA, Porsche Complete $170 Million Loan With Blockchain

One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a $170 million (€150 million) loan with Porsche Holding using blockchain technology, according to a report. Although the bank has completed blockchain loans before, it’s never done it with a non-Spanish customer, until now. One of the bank’s previous blockchain loans…