Guangdong Province's First Specialized Financial Product for Token Economy, "Token Loan," Released in Haizhu, Guangzhou

Deep Tide TechFlow reports: On August 14, according to a report by CaiLian News Agency, Guangdong Province's first specialized financial product for the token economy, "Token Loan," was officially released in Haizhu District, Guangzhou. Taking the Guangzhou branch of the Bank of China as an example, a tailored financing product—Computing Power Token Loan—was developed specifically for small and micro enterprises in Haizhu's computing power sector. The loan amount is determined based on contract/Token consumption limits and offers credit, accounts receivable pledges, and order financing as primary guarantee methods. It can also combine guarantees and collateral for expanded limits. New companies can apply for financing based on orders if they provide continuous operation proof materials from their original operating enterprises or offer guarantees. Reportedly, the Bank of China has already granted trial credit funds totaling 28 million yuan.