Russian bank points first on-chain bank guarantee in Chinese yuan

Russian financial institution points first on-chain financial institution guarantee in Chinese language yuan

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Moscow Credit Financial institution has issued a blockchain-primarily based financial institution guarantee denominated in Chinese language forex, claiming that the product is the principle in the country. The financial institution guarantee exceeds 100 million Chinese language yuan — or almost $144,600 at the time of publication.

In conserving with a commentary, the transaction became as soon as performed by plan of the Masterchain blockchain platform, the Russian nationwide blockchain community created to transfer digital property​ between people.

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