WeBank and Fubon Bank validate credit reports using Blockchain data in the Hong Kong area and distribute the first unsecured loan.

GateNewsBot

2025-11-29 05:06:02

ChainCatcher news, WeBank has partnered with Hong Kong's digital bank Fusion Bank to utilize the Hong Kong-Shenzhen cross-border data verification platform, underpinned by blockchain technology, to transform businesses' operational data in the mainland into tamper-proof credit reports. Local banks in Hong Kong can issue unsecured loans based on these reports, and it is reported that the first loan has been successfully distributed to a cross-border logistics company, representing that mainland data assets can be converted into tangible liquidity in Hong Kong through technological means.

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Thangvn96

· 2025-11-29 13:53

WeBank and Furong Bank in Hong Kong have conducted Blockchain data verification in credit reports and distributed the first unsecured loan.

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ABABBABA

· 2025-11-29 08:58

Just go for it💪

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