Parents, of course, worry about paying for college. Increasingly, their children share that concern. Over the last decade, tuition and fees jumped 44% at four-year, private colleges and by 55% at public four-year schools. As a result, student debt has reached record proportions, with $1.6 trillion in loans outstanding. Now, high school students are more […]

The Agricultural Bank of China (ABC), one of the world’s largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system. The bank tested the technology for the first time in one of its branches in China’s Guizhou province, issuing a loan backed by a piece of agricultural […]