Using data to back a loan
Subscribe to keep reading.
Trivium Tech keeps you briefed on the latest developments in China tech policy.
Already a subscriber? Log in.
Today, the Bank of Shanghai announced China's first credit service designed for data companies.
This is a huge deal.
Why? Banks issue loans to companies based at least partially on the value of the assets those companies hold.
But what happens when a company's most valuable asset is its data?
M...