In 2020, the blockchain will scale from trials to large-scale applications in insurance, trade, notarization and other industry scenarios.

Source: Economic Observation Network

Reporter: Wang Han

On January 20, the reporter learned from the China Pacific Insurance Office that in terms of insurance blockchain technology, the company completed its investment in the global blockchain insurance alliance B3i in June 2019. Its main shareholders include CPIC, Allianz, Ansheng , Munich Re, Swiss Re, France Re, Hanover Re and other (re) insurers.

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.

The exploration of blockchain on the financial side goes deeper and deeper. Since the collective study of the Political Bureau of the CPC Central Committee on October 24, 2019, the blockchain has been recognized at the national level, and the attention given to blockchain technology by various ministries and commissions has been regarded as a breakthrough in independent innovation of core technologies.

As of the beginning of 2020, a number of policies and documents have been gradually implemented. For example, on January 14th, eight departments including the Ministry of Commerce issued a document that included the development and application of information technology such as blockchain by enterprises into the support scope of the national science and technology plan (special projects, funds, etc.); January 16-17, 2020 SEC system The working meeting stated that it is actively exploring the application of innovative financial technologies such as blockchain; the document issued by the General Office of the State Council is also more precise guidance and requirements for the development of blockchain in various provinces and cities.

As an example from the industry application level, China Mobile and UnionPay have deployed a blockchain service platform; State Grid has released the top ten scenarios of blockchain; China Construction Bank explores the "blockchain + trade finance" technology. Guohai Securities' latest research report believes that high-level attitudes clearly support the application of blockchain technology. Government departments and large central enterprises are actively exploring the application of blockchain in their respective fields. The blockchain has begun to move from trials to large-scale applications.

The reporter learned from Pudong Development Bank that the bank recently launched an account opening service for corporate electronic business licenses. Companies that show their electronic business licenses can apply for corporate accounts, and the process of corporate account opening has significantly accelerated. According to the person in charge of the relevant business of SPD Bank, the introduction of the account opening service for enterprise electronic business licenses is to use digital means to reshape the process of enterprise account opening and product signing, and introduce RPA (Robot Process Automation), OCR (Optical Character Recognition), Face recognition, big data, GPS (Global Positioning System) and other new technologies are integrated into the intelligent operation process of “online booking, offline acceptance and delivery, and automatic assignment of account managers”, which effectively solves the tedious business account opening procedures, complicated processes, and encounters Problems are often helpless and other pain points to improve the efficiency of business account opening.

In addition, the research and application of blockchain technology at the level of judicial notarization, taking practice as an opportunity to promote the transformation and upgrading of the notarization industry, is an important exploration direction. On January 17, the Shanghai Huihui Notary Office's "Hui Cun" blockchain electronic data storage platform was released.

Yang Changlin, president of the Shanghai Notary Association, said that modern technology provides new ways and means for social governance and brings new development opportunities for the notary industry. The Xuhui Notary Office in Shanghai has focused on blockchain technology in 2017, and has now officially released the "Hui Cun" blockchain electronic data storage platform, achieving important practical breakthroughs.

Facing the problem of the authenticity of the certificate in the actual situation, Liu Junhua, the president of the Intellectual Property Trial Division of the Shanghai Higher People's Court, said that the Xuhui District Notary Office “huicun” blockchain electronic data storage platform, which was uploaded in real time and reviewed later When issuing a notarization certificate, the evidence obtained will be examined for legality, relevance, and authenticity to ensure the credibility of the notary certificate.

As one of the earliest companies engaged in the blockchain industry in China, Zhongxiangbit CEO Yan Ting frankly cooperated with the Shanghai Xuhui District Notary Office to develop a "remittance" project, combining blockchain technology and notarization business, mainly In order to solve the many pain points of obtaining evidence for intellectual property litigation in many enterprises.

With regard to the use of blockchain to empower financial institutions, Pan Ling, deputy general manager of the Financial One Account and Investment One Account Business Center, once told reporters that the related services of Financial One Account have been launched in more than a dozen cooperative institutions. Furthermore, through artificial intelligence, blockchain, big data, and cloud computing, these basic capabilities are combined to support smart contract cloud platforms to make products to empower small and medium-sized institutions.

In addition, Qiu Han, co-general manager of Financial OneAccount, said in an interview on the press conference of Economic Observation Network that he introduced the "Implementation Plan for Accelerating the Construction of Shanghai Fintech Center" on January 15. What may be really put into production in the financial industry is the Hong Kong Monetary Authority's cross-border trade chain, which has been in production for more than a year. For example, products such as industry trading platforms are also traced to the source of contracts between financial institutions through the blockchain.

Shanghai has made it clear that it will launch a series of measures such as cultivating fintech companies, tax incentives, and talent introduction. It will build a fintech center within five years. In this regard, Qiu Han added: "For technology companies, the biggest asset is actually people. In the" Implementation Plan for Accelerating the Construction of the Shanghai Fintech Center ", there are many preferential policies for high-end talents such as financial technology. Help. "