German Bank Uses Bitcoin’s Blockchain for International Loans

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the largest network in the world enabling financial institutions to exchange formation about financial transactions. Cryptocurrencies are now taking over the business.
Bitbond Allows Small Businesses
German online bank Bitbond has announced it uses the Bitcoin’s blockchain to facilitate international transfer of fiat loans. Loans are transferred to the borrower using Bitcoin only to be converted back to fiat currenc