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Birch Hill raises $4M to bring US loans onchain

By John Chen

Birch Hill's initiative could revolutionize traditional lending by integrating it with blockchain, potentially enhancing transparency and efficiency. The post Birch Hill raises $4M to bring US loans onchain appeared first on Crypto Briefing.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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