Securities Daily: Supply Chain Finance + Blockchain is regulated and encouraged, and several bank insurances have been tested in advance.

Recently, the China Insurance Regulatory Commission issued the "Guiding Opinions of the Office of the China Banking Regulatory Commission on Promoting the Real Economy of Supply Chain Financial Services", encouraging bank insurance institutions to embed new technologies such as the Internet of Things and blockchain into trading links, using mobile-aware video and electronics. Fence, satellite positioning, radio frequency identification and other technologies to remotely monitor logistics and inventory goods to improve the level of intelligent risk control. The reporter noted that the “supply chain finance + blockchain” model has been explored and applied by many bank insurance institutions such as Ping An Bank, Zheshang Bank and Zhongan Insurance, and has achieved good results.