China Pacific Insurance: Investment in blockchain company B3i, has signed up for "insurance industry blockchain group standards" formulation

CPIC (601601.SH) responded to user questions on the interactive platform and stated that in terms of insurance blockchain technology, the company completed its investment in the global blockchain insurance alliance B3i in June 2019. B3i is committed to establishing a blockchain ecosystem in the insurance industry through blockchain distributed bookkeeping technology, and providing innovative insurance services and solutions for the insurance industry. At the same time, CPIC Property & Casualty Insurance has signed up to participate in the formulation of the "Insurance Blockchain Application Technology Group Standards" led by the Shanghai Insurance Exchange and participate in the construction of an insurance risk control blockchain platform.