Zventus will create a “Mortgage Blockchain Laboratory”

Zventus will create a “Mortgage Blockchain Laboratory”

Global asset management company Zventus initiated the creation of the “Blockchain Mortgage Lab” to develop new mortgage financial products and services. Zventus, a California-based company whose products and services span a wide range of activities, including business consulting, HR strategy, and technical support, have begun building the Mortgage Blockchain Lab. As part of the project, the company and its partners will develop new mortgage financial products and services. Deployed on Ethereum, Hyperledger and Corda platforms,…

Chinese banks are exploring potential digital yuan in insurance and investment

Chinese banks are exploring potential digital yuan in insurance and investment

Chinese banks Bank of Communications (Bocom) and China Construction Bank (CCB) have begun exploring the possibility of using the digital currency of the People’s Bank of China (PBOC) in insurance and investment. According to local media reports, leading state-owned banks have launched a pilot program in which they will explore options for using the state digital currency to buy insurance products and invest in investment funds. Bocom and CCB believe this will move the digital…