Zhongbang Bank's “Zhonglian Loan” serves small and micro enterprises with the help of blockchain

According to Hubei Daily, on December 16th, the reporter learned from Zhongbang Bank that the bank has recently upgraded and launched a new “chain loan” supply chain financial product. Serving private and small and micro enterprises, the new "Zhonglian Loan" has transformed the original multiple entrances and multiple sets of processes into one entrance and one set of processes to improve efficiency and customer experience, and is based on the "transaction credit" model. Make full use of blockchain, Internet of Things, big data and other financial technologies to verify basic quotas for customers.