China Cloud Signing Obtains the First Core Invention Patent for a Blockchain Smart Contract in China

According to the Xinhua Daily News, Nanjing-based China Cloud Signature has recently been awarded the first domestic core blockchain smart contract patent granted by the State Intellectual Property Office. It is reported that China Cloud Signature is an earlier domestic certificate verification platform that adopts blockchain technology. The self-developed blockchain smart contract effectively combines the electronic contract signing and payment fulfillment processes, unifies the payment process, simplifies the process link, and strengthens Security guarantees to enhance the intelligence of electronic contract related businesses.