The first credit asset-backed securities using blockchain technology issued by a national consumer finance company
Ma Shang Consumer Finance released the first financial blockchain management platform for national consumer finance companies at the "2025 Smart Expo · Digital Industry Ecology Conference". With the platform, Ma Shang Consumer Finance successfully issued the "An Yi Hua 2025 Third Phase Personal Consumer Loan Asset-Backed Securities". According to the person in charge of Ma Shang Consumer Finance, this is the first credit asset-backed security in the country to use blockchain technology. The issuance of financial bonds, asset-backed securities, and other financial products will regularly use this platform technology to continuously expand the application boundaries of blockchain in the field of consumer finance.
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