The mid-year report of the mid-term release of the property: the use of blockchain technology to successfully explore the "credit coin" mechanism in the upstream and downstream of the supply chain

According to the Securities Times News, on the evening of August 26, the property company disclosed the 2019 mid-year report. The report shows that in the construction of the “characteristic supply chain financial system”, the work carried out in the property industry includes the use of blockchain technology to successfully explore the “credit coin” mechanism in the upstream and downstream of the supply chain. For example, member companies such as property metals will integrate the accounts receivable platform with the blockchain technology as the core into the supply chain integration service, and activate the payment of the originally deposited accounts receivable by combining upstream and downstream customers and financial institutions. The financing property has greatly strengthened the closeness and stickiness of cooperation with upstream and downstream customers and improved the efficiency of capital use.