BOC Shandong introduced blockchain technology to successfully handle export financing business

According to Xinhua News, recently, the Bank of China Shandong Branch introduced blockchain technology and successfully handled the export financing business of a cross-border financial blockchain service platform for an export enterprise within its jurisdiction, using financial innovation and technology to help enterprises resume work and resume production.

It is reported that in the early stage, BOC Shandong has achieved direct system connection with the single-window platform of customs. It can obtain export customer declarations, bills of lading and other trade background information online. In combination with the SAFE blockchain platform, BOC Shandong has designed a "single window + blockchain The export financing model of "0 documents" under the "" model does not require companies to provide paper documents of trade background throughout the process, which effectively meets the "zero contact" needs of customers during the epidemic.