The First Supply Chain Business Based on Blockchain Between ICBC and People's Inclusive Financing Platform Was Landed

Abstract : The platform takes big data and blockchain as the underlying technology to store data and build smart contract.

ChainDD
ChainDD

Sep 10

The People's Inclusive Financing Platform and the Industrial and Commercial Bank of China (ICBC) Beijing Branch successfully launched their first supply-chain business on September 9, which was also the first inclusive financial business between this platform and ICBC.

In the future, the two sides will make joint efforts to implement the national inclusive financing policy, provide innovative fintech services and benefit more small, medium and micro entities, so as to truly realize the goal of "invigorating the real economy through finance".

The People's Inclusive Platform is a one-stop financial science and technology service platform with supply chain finance as the core, utilizing many cutting-edge technologies such as artificial intelligence, biometric identification, big data analysis and blockchain storage.

The platform takes big data and blockchain as the underlying technology to store data and build smart contract, realizing real-time supervision and risk safety control in the whole process of financing, and cooperating with financial institutions to serve enterprises more safely, more efficiently, more quickly and with better quality.

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