Xinhuanet: Blockchain Technology Helps SMEs Financing "Intestinal Obstruction"

On December 17, Xinhuanet stated that due to the function of trust transfer, it can grant idle credit lines of core enterprises to downstream and open up the "credit" intestinal obstruction. Blockchain technology is helping to make financing difficult for SMEs The "Boss Difficulty" problem provides a way to crack. According to the statistics of the global patent list of inventions of blockchain companies, Ping An, Weizhong Bank, Industrial and Commercial Bank and other banking and insurance institutions have already implemented blockchain application scenarios.