Ministry of Industry and Information Technology Wang Hailin: To promote the application of blockchain technology in receivables financing of small and micro enterprises

The Small and Medium Enterprise Bureau of the Ministry of Industry and Information Technology recently held a special symposium on receivables financing. At the meeting, Wang Hailin, deputy director of the Small and Medium Enterprise Bureau of the Ministry of Industry and Information Technology, said that the next step is to promote blockchain technology in small and micro enterprises' receivables. The application in financing focuses on solving technical obstacles such as the registration and confirmation of accounts receivable.