16 pilot banks in Shanxi joined the blockchain service platform with a financing amount of 2.13 billion yuan

According to the Shanxi Daily, since Shanxi Province was officially approved to launch a cross-border financial blockchain service platform pilot in October this year, as of December 11, a total of 31 export receivables financing has been completed, with a financing amount equivalent to RMB 2.13 billion. As of November, a total of 16 pilot banks in Shanxi Province have joined the platform, using technologies such as the immutability and digital signature of the distributed ledger of the blockchain, to establish mechanisms such as information exchange and effective verification between banks and enterprises, and real-time interaction between banks' trade finance information To achieve the optimization and reconstruction of traditional financing business processes, it has been widely welcomed and recognized by banks, enterprises, especially small and medium-sized enterprises.