Baidu Super Chain and Baixin Bank land on Baidu cashier's settlement solution

According to Baidu Super Chain's official information, in order to solve the problem of opaque settlement and possible fraud among e-commerce platforms, merchants, and banks, Baidu Super Chain uses the blockchain technology independently developed by Baidu as the bottom layer for Baixin Bank, merchants, and e-commerce. The platform sets up a merchant clearing alliance chain, so that the nodes of the alliance chain can obtain first-hand transaction information at the same time, and guarantee the lossless transfer of trust. According to the immutable and real data on the alliance chain, Baixin Bank cleared it. In addition, in order to ensure the security of commercial platform information, the transaction information on the alliance chain will be desensitized to ensure that the merchant's sensitive information is not obtained by non-affiliated chain institutions.