Beijing completes first blockchain loan to solve financing difficulties for SMEs

According to China News Network, in order to support the financing difficulties of SMEs in the epidemic, the blockchain-based SME financial service platform completed its first confirmation and loan on February 14th after it went online. The company that successfully applied for an online loan service through the platform is an IT equipment and software technology service provider. In order to support the new crown pneumonia epidemic and protect school distance education, the company's order volume has increased sharply, but there is a certain gap in funding. In order to solve the financial pressure of the enterprise, the company applied for a government procurement contract confirmation right on the platform, and obtained a loan amount of RMB 720,000 (RMB, the same below) and a first loan of RMB 440,000 from Baixin Bank. Operation, quickly and easily solve problems such as corporate financing problems.