Hangzhou Municipal Revolutionary Committee: Creating digital credits with the help of distributed ledger technology in blockchain

According to the Hangzhou Daily News, on August 22, the Hangzhou CPPCC held the 12th Standing Committee meeting of the 11th session to discuss and discuss the policy of “promoting the deep integration of cross-border e-commerce and the real economy”. The Municipal Revolutionary Committee said that it can use the distributed ledger technology of the blockchain to promote the open sharing of information such as local information sharing platforms, commercial banks, and supply chain core enterprises, breaking information asymmetry and creating digital credit.