China Guoxin: Using Blockchain Technology to Build a Platform

According to China Financial News Network, on August 26, the state-owned state-owned capital operation company pilot enterprise China Guoxin United China Nuclear Group, Aerospace Science and Technology (000901), Sinopec, CNOOC, China Southern Airlines (600029), China Minmetals, etc. 51 The central enterprises in Beijing held a signing ceremony for the mutual recognition alliance of the central enterprises' commercial acceptance bills in Beijing. It is reported that China National has developed a “enterprise pass” platform, applying blockchain technology to the bill trading scenario, and winding the bill transaction data to achieve traceability and tamper resistance of the bill's complete life cycle, and will participate in the circulation of bills. Different roles set different permission nodes, use intelligent contract technology to make intelligent judgments, shorten transaction time and improve system efficiency.