Alto Electronics: Blockchain technology has been applied in Taizhou Bank's electronic reconciliation system

Alto Electronics [002587] responded to “Alto's multiple software copyright certificates have been used in the industry”. Alto Electronics said that since the beginning of 2019, the company's R&D team has targeted important accounting files, custody notes and depositary receipts for financial companies. And other important information, product development for the integrity of the depository, traceability of the transfer process, etc., the application of blockchain technology to establish a wallet account, generate an electronic key for each document of value, manage these valuable documents in Transfer and hold between blockchain wallets. Recently, our company is carrying out relevant feasibility studies with domestic commercial banks, actively promoting the implementation of this product, and has applied the electronic reconciliation system based on blockchain technology in the cooperation project of Taizhou Bank.