German company obtains 750 million euros of “green” loans through blockchain

According to Cointelegraph, Durr, the world's leading machinery and plant engineering company based in Germany, has received a €750 million sustainability loan, which is related to the company's environmental performance. According to reports, the credit agreement was initiated by Durr using a blockchain-based syndicated loan platform. The process of the consortium was also digitized and supported by blockchain (technology).