SIA Signs Agreement with WizKey to Negotiate SME Credit Usin

SIA Signs Agreement with WizKey to Negotiate SME Credit Using Blockchain


SIA Signs Agreement with WizKey to Negotiate SME Credit Using Blockchain
SIA, a subsidiary of
CDP Equity – a holding company of
Cassa depositi e prestiti Group that is a digital payments provider and tech-solution for financial services, has signed an agreement with
WizKey to launch a platform available to banks, funds, and financial operators to negotiate credits for SMEs using blockchain technology.
According to a release, the partnership seeks to develop an ecosystem that creates a transparent, efficient, and liquid secondary credit market. The partnership will utilize SIA’s technology infrastructure, credit trading and assignment process, including NPL (Non-Performing Loans) as well as securitization.

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