State Grid e-commerce company uses blockchain technology to help small, medium and micro enterprises resume work after production

According to the People's Daily News, the State Grid e-commerce company uses blockchain technology to help small, medium and micro enterprises resume work after delivery. During the epidemic, the recovery of production capacity such as masks is directly related to the success or failure of the epidemic prevention campaign. State Grid E-commerce has launched an online industry chain financial platform for the entire process of online financing consultation and processing services. With the help of the blockchain multi-party coordination mechanism, it has joined hands with major banks to launch account factoring financing, material e-commerce procurement financing, and bill Comprehensive solutions such as direct sticking provide preferential financing services for outbreak prevention and control enterprises. At the same time, relying on the blockchain multi-party trust mechanism, it provides enterprises with authoritative and credible accurate digital services, accelerates the rapid flow of various funds, and wins time for the production of front-line protective materials in epidemic areas. According to statistics, since January 30, the blockchain-based online industry chain financial platform has lend 19.49 million yuan to 5 small, medium and micro enterprises that produce epidemic prevention supplies.