Bank of Communications launches domestic letter of credit blockchain platform

On November 28th, (Bank of Communications SH601328) stated on the interactive platform that the Bank actively carried out research on key blockchain technology and explored the application of blockchain technology in financial scenarios. It launched a domestic letter of credit blockchain platform to enable Business processing time is shortened by an average of 3-5 days. At the same time, it launched the first domestic blockchain asset securitization system, the “Chain Blending” platform, and joined the People ’s Bank of China ’s trade finance blockchain platform. Blockchain platform. " In terms of virtual currencies, Bank of Communications will continue to actively implement the state's relevant policies on virtual currencies, and will conduct research on virtual currencies and related businesses in an orderly manner in accordance with the deployment of regulatory authorities. Original link