Credit History of European Citizens to Be Kept on Blockchain

Home / Credit History of European Citizens to Be Kept on Blockchain

British fintech company Billon developed a solution for a group of leading Polish banks BIK, that will allow to store and remove customer data using distributed registry technology. BIK tracks about 140 million credit histories of residents of Central and Eastern Europe. Billon system is able to publish over 150 million documents every month and is also said to be implementing blockchain technology for the processing of fiat currencies.

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