Tianyin Holdings and Huobi China signed a strategic cooperation framework agreement to collaborate on blockchain technology

According to the China Securities Journal, Tianyin Holdings (000829) announced after trading on December 24 that the company and Huobi China signed a "strategic cooperation framework agreement". Both parties revolved around blockchain technology to enable lottery business, industrial solution consulting, and high-quality projects. Cooperation and other businesses to establish strategic cooperative relations. Tianyin Holdings said in the announcement that blockchain technology is not only an important breakthrough in independent innovation of core technologies in the current national strategy, but also one of the main technical directions for the lottery industry to solve pain points. The characteristics of digitalization of the lottery industry's core products are naturally tightly integrated with blockchain technology. At present, some blockchain lottery projects in the domestic lottery industry have actually landed, and related agencies are also seeking blockchain technology partners through bidding.