Deputy General Manager of Sinochem Energy: Blockchain builds next-generation infrastructure for petrochemical trade

According to China Energy News, recently, at the "Eighth China International Petroleum Trade Conference", Yu Hua, deputy general manager of Sinochem Energy Technology Co., Ltd. said that the petrochemical industry has entered a development cycle with transaction efficiency as the bottleneck. We wondered if we could build a digital platform or digital system or digital system to solve the problem by solving the pain points of the users. After continuous analysis and comparison of various technologies, the blockchain just concentrated our needs, distributed storage, alliance The integration of consensus and encryption can better empower industry participants. "He also pointed out that the breakthrough of the blockchain in the petrochemical industry is to build a new generation of infrastructure for the petrochemical trade and redefine the petrochemical industry with numbers.