Industrial and Commercial Bank of China and Xiong'an New District Announce "Blockchain Platform for Funds for Requisition and Demolition Management"

According to China Financial Information Network, on April 1, Xiong'an New District welcomed three years of age. The reporter found through incomplete statistics on the Hebei Banking Regulatory Bureau that as of now, 14 banks have been approved to establish branches in the new district. And in the annual reports of various banks that have been disclosed, there is also some comments on Xiong'an. For example, ICBC disclosed the establishment of ICBC Technology Co., Ltd. in Xiong'an New District. In terms of smart government affairs, in conjunction with the Xiong'an New Area Management Committee, they jointly released a "blockchain platform for fund management for land acquisition and demolition."