Guangzhou small loan industry will pilot local financial blockchain credit reporting and sharing platform

Li Ning, chief operating officer of Guangzhou Private Finance Street Credit Co., Ltd., revealed on January 9 that Guangzhou Private Finance Street Credit Report will take the lead in piloting a small loan industry using the underlying blockchain technology to establish a local financial blockchain credit sharing platform. Ma Cong, president of the Guangzhou Microfinance Industry Association, said that blockchain technology, as an emerging fintech technology, will also play an active role in serving small, medium and micro enterprises.