Inner Mongolia issues the first "Computing Power Token Loan"

According to Xinhua News Agency, the Bank of China Inner Mongolia Branch recently issued the first "Computing Power Token Loan" in the Inner Mongolia Hohhot New Area. By innovating the credit evaluation system, it incorporates the scale of enterprise token usage, computing power cooperation orders, core technology qualifications, and scientific research and development capabilities into the core credit indicators, while weakening traditional mortgage guarantee requirements.

Currently, Hohhot's computing power scale reaches 150,000 P, of which intelligent computing accounts for 146,000 P, and the green computing power index ranks first in the country. The local area also promotes "Computing Power Loans" and medium-to-long-term technological transformation loans, using policy financial tools and syndicated loans to address capital and large fund needs, and has launched "Computing Chain Insurance" and cybersecurity insurance to provide diversified risk control guarantees for heavy asset projects such as data centers against fire, water damage, machine failure, and more.