Tencent micro-enterprise chain and Standard Chartered Bank's first blockchain supply chain financial business successfully landed

According to the Securities Daily report, the reporter learned from Tencent Financial Technology that the first blockchain supply chain financial business of Tencent's micro-enterprise chain and Standard Chartered Bank has successfully landed. It is understood that this is the first time Tencent has cooperated with foreign banks in the field of blockchain to explore supply chain financial services. The micro-enterprise chain is the first domestic “supply chain finance + blockchain + ABS platform” jointly developed by Tencent Financial Technology and Yiyi. Li Kangning, senior director of Tencent Financial Products Research Center, believes that the use of financial technology can greatly optimize the traditional supply chain financial model, directly revitalize financial institutions to grant credit to core enterprises, and maintain key technologies such as small programs, AI identification, payment, and blockchain. Under the condition of constant risk, the problem of small and medium-sized micro-enterprises solving financing difficulties and financing is realized. The all-line operation also greatly optimizes the user experience, extends the customer channel, and better serves small and medium-sized enterprises to meet their “short, small, frequent, and urgent” financing demands.