After entering Ali and receiving the stock market crash, "Hang Seng Electronics" "Sword Finger" blockchain

In addition to ants, another "Ali" company has quietly appeared in the filing information.

On March 30th, the first batch of domestic blockchain information filing number of the website was released. BATJ's blockchain has undoubtedly attracted the most attention. In the middle of Baidu, Tencent, Jingdong and other at least three filing platforms, Ali's ant blockchain appears to be a single shadow.

But in fact, in addition to ants, another "Ali" company has quietly appeared in the filing information.

Zhejiang Whale Teng Network Technology Co., Ltd., which has filed the “Fantai Block Chain Alliance (FTCU)”, was formally established in February 2018. Its founder and largest shareholder, Hang Seng Electronics, and Ma Yun and Ant Financial are inextricably linked. contact.

Founded in 1995, Hang Seng Electronics is a veteran financial software and network service provider. It was listed on the main board of the Shanghai Stock Exchange in 2003 (code 600570). After being indirectly controlled by Ma Yun in 2014, he became the “dry son” of Ali. After the establishment of Ant Financial, it became its grand company. In the financial aspect, it complements the ant gold service business, and also in the layout of the blockchain, and the ant gold service is also step by step, and even test more water.

So what about the blockchain answer for this company in the past three years?

Entering Ali

From entering Ali to receiving the SFC's sky-high ticket, Hang Seng Electronics has been ups and downs.

Everything starts from 2014. Before the establishment of Ant Financial in October (October), Ma Yun indirectly held 20.62% equity of Hang Seng Electronics through Zhejiang Rongxin Network Technology Co., Ltd. (hereinafter referred to as Zhejiang Rongxin), becoming its actual Controller.

In the second year after the establishment of Ant Financial, in June 2015, Ant Financial subscribed for a 100% stake in Zhejiang Rongxin and indirectly held a 20.62% stake in Hang Seng Electronics.

The second equity change is in 3 years, coincides with the time of the first blockchain information number of the network office cloth. On March 30 this year, Zhejiang Rongxin transferred 100% equity to Ant Financial Service. Therefore, Ant Financial will directly and indirectly hold 100% of the equity of Hang Seng Group, which is less than a previous shareholder, which means that the bond between Hang Seng Electronics and Ant Financial will be more intimate.

Source: Unicorn Finance

However, no matter how the stock changes, but according to the data of the sky, the actual controller and the ultimate controller of Hang Seng Electronics are all Ma Yun.

During the period of Ma Yun Holdings, Hang Seng Electronics was overwhelmed by the 2015 stock market crash.

Encountered a stock market disaster

At that time, Hang Seng Electronics' subsidiary Hang Seng Network released an information system called “HOMS” with “Umbrella-shaped Positioning Function”, which was once popular in the stock market due to its convenient fund-raising and risk control functions.

However, on July 24, 2015, the Securities and Futures Commission imposed a fine of 329 million yuan on the technology provider Hang Seng Network because of the violation of the HOMS fund-raising and the risk of risk, and the Hang Seng Electronics share price and business profit were affected. Shock.

At present, the subsidiary Hang Seng Network has been insolvent and has not yet paid most of the fines. In July 2018, Hang Seng Network was included in the list of people who were untrustworthy by the People's Court of Xicheng District, Beijing.

What is delusional is that in 2018, Liu Yufeng, the president of Hang Seng Electronics, who suffered administrative penalties for the Hang Seng Network incident, publicly stated in the opening year that the company will increase the blockchain investment in 2018. However, it is reported that the force blockchain and the main digital currency exchange are all funded by Hang Seng Electronics' original HOMS system.

"non-stop" layout blockchain

In fact, the Odaily Planet reporter found that Hang Seng Electronics has started testing the financial + blockchain since 2016.

At present, in addition to the investment subsidiary and the “FTCU Fan Tai Chain” filed this time, there is also a financial alliance chain HSL that is directly operated.

In addition, since the establishment of the “Blockchain Expert Studio” of the Hang Seng Institute in 2016, Hang Seng has successively initiated and participated in blockchain alliances, undertaken financial blockchain projects, released blockchain products, and invested blockchain startups. It has already captured many cities in the blockchain + financial sector.

In October 2018, at the BCCon Global Blockchain Eco-Technology Conference, Zhang Lejun, Chief Architect of Hang Seng Electronics, summarized the blockchain layout of Hang Seng Electronics since 2016.

The footprint shows that on June 1, 2016, as one of the 25 sponsors, Hang Seng Electronics participated in the launch of the “Financial Blockchain Alliance” in Shenzhen, aiming to build a digital ticket system based on the alliance chain; in addition, to join the blockchain open source Project Hyperledger.

At that time, Hang Seng Electronics launched a small test on the blockchain application. The company released the Ethereum light wallet H5 application, and also began preparations for the financial alliance chain FTC Nunation for the first time.

The timeline was transferred to 2017. Hang Seng Electronics released the corporate welfare book Niu Dun APP based on Ethereum. According to the official introduction, the app was implemented in the Ethereum smart contract, and the front-end APP was developed on the light frame of Hang Seng.

This year was the year when many banks started POC verification projects based on blockchain technology in the banking industry. Hang Seng Electronics also cooperated with the Hong Kong Stock Exchange this year to complete a management and transfer of unlisted shares. POC.

In January of this year, after Ma Yun was the chairman of the first consultation meeting of Hainan Provincial Government Entrepreneur, Hang Seng Electronics also followed the pace of its blockchain in Hainan.

According to the Hainan Daily News on February 22, 2019, Hang Seng Electronics will build a comprehensive service platform for intellectual property rights, electronic registration and matching auction system for Hainan Provincial Intellectual Property Office; introduce blockchain technology for the preservation of intellectual property rights. Certificate and circulation.

Outside the domestic market, Hang Seng Electronics is also intended to cover overseas securities markets. In the same year, Hang Seng Electronics invested in enterprise-level blockchain solution service provider symbiont. The company intends to develop a faster and safer system for the transfer of assets between buyers and sellers based on blockchain ledger technology and smart contract platforms for the private equity and corporate bond markets based on the self-developed alliance chain, reducing transaction clearing time to Achieve a more efficient and simplified market.

At present, several applications have been implemented, including Allianz Insurance's heavy-duty swap insurance system, and the use of blockchains for the issuance and trading of ABS (asset-backed securities). Currently, the company is assisting Delaware to use blockchain technology for company registration and registration, and the state legislature has passed laws recognizing that registration on the blockchain is legal.

Intentional alliance chain

But more importantly this year, Hang Seng Electronics has released two alliance chains: Hang Seng Shared Books HSL 1.0 and FTCU Contract Chain PC Edition products.

Among them, FTCU is the Fan Tai chain of this filing. It is called FinTech Block Chain Union, which is the financial technology blockchain alliance. It supports the contract chain and private equity. It is currently in the customer testing stage. According to the Securities Daily in June 2018, The FTCU has realized basic applications such as electronic contract signing and e-mail deposit, and has developed application scenarios such as assisted supply chain financing and non-performing assets based on features such as blockchain technology that cannot be tampered with.

At present, FTCU has been transferred to Zhejiang Huanteng Network Technology Co., Ltd., a subsidiary of Hang Seng Electronics. According to the company's public information, it mainly provides financial public basic services such as market, aggregation payment, simulation, KYC, etc., and builds an intelligent trading network and financial technology open platform to provide AI basic services and alliance chain operations. In January of this year, Whale Teng Network carried out capital increase and share expansion, and the overall capital increase was RMB 100 million. It is expected that the operation of the alliance chain will be launched.

Another financial alliance chain HSL is the direct operation management of Hang Seng Electronics. HSL is a decentralized PaaS platform for building a blockchain system for compliant financial institutions. Based on the hyperledger fabric, it adopts a layered multi-chain architecture. Institutional customers such as banks, brokers, and traditional financial exchanges provide blockchain development and testing environments. At present, it mainly expands application scenarios in business areas such as trade finance and supply chain. In June 18, Hang Seng Electronics and Tianjin Financial Assets Exchange released a blockchain-based intelligent revenue sharing contract product, which uses HSL to open up upstream and downstream enterprises to share revenue for investors; in December 18, Bank of China The China Trade Finance Inter-bank Trading Blockchain Platform led by the industry association was officially launched. The HSL support platform has been launched with the letter of credit and Forfeiting business, and the new trade finance business will be connected in the future.

In addition, in addition to the Wing Teng network, Yunyong Network, another subsidiary of Hang Seng Electronics, uses the blockchain to supply supply chain finance. Among them, the “chain-to-pass” issued by Yunyong Network has completed the goods through asset chain. Right, deposit and circulation.

Challenges and opportunities coexist

On the whole, Hang Seng Electronics and its subsidiaries are financial direction and alliance chain in the layout of blockchain. This is inseparable from its company positioning and main business.

In addition, finance is one of the best application scenarios in the industry-recognized alliance chain, and the prospects are boundless. According to IDC data, the financial industry has the largest share of the global blockchain market share in 2018, at 60.5%. In the case of blockchain + financial advantages, BAT's three major Internet giants are in blockchain finance. The layout is also gradually becoming clear.

For the financial industry, on the one hand, cryptography in the blockchain can guarantee the immutability and forgery in the transaction process; smart contracts can implement the objective logic of the neutral task, the role of the coordination role; the information chain can be complete and authoritative Transparent transaction process, the transaction book is shared by many parties. On the other hand, the alliance chain in the blockchain ensures that sensitive data in financial transactions can be isolated and shared, thus ensuring transaction and storage security.

Taking the electronic contract of Hang Seng Electronics as an example, although the electronic contract has the same legal effect as the traditional paper contract, there are still third-party security and trust, electronic signature visualization, security, anti-use, ease of use and cost. problem. In this regard, the Hang Seng Electronics contract combines electronic signatures with blockchain encryption, and electronic signatures are also stamped with electronic stamps on electronic contracts to provide good visibility. Once stamped, a standard digitally signed PDF file is generated, and any PDF-compliant reader can be opened, verified, and secure and cross-platform.

But what about the answer sheet? According to the Odaily Planet Daily reporter on the APP Store, the main interface of the app includes the digital currency wallet and the Niu Dun exchange scene (shop, course training, book borrowing, etc.). This app has only 3 comments, only two have been updated since the release. Minor version.

In addition, the Hang Seng HSL Financial Chain Block Browser shows that the HSL test network currently has only one online node, producing 25 blocks and a total of 25 transactions on the chain. The Niu Shield Chain Browser shows that 27643 blocks have been produced, but the latest block production time has remained at two days, and the block production interval has been as long as 5 days.

At present, Hang Seng Electronics is still not fast in the progress of the alliance chain. The blockchain project of its cooperation may not be very resounding because of its low-key style. What Hang Seng Electronics faces is not only the technical breakthrough, but also the siege of Internet giants and emerging blockchain enterprises. Will this record indicate that Hang Seng Electronics will speed up the blockchain layout, and it remains to be seen.

(Author: aloe; Source: Daily Planet)