Postal Bank: Blockchain technology shortens custody business by more than 60%

According to the Securities Times, on May 10, China Postal Savings Bank held the 2019 Capital Market Open Day. The Postal Savings Bank said that the U-chain custody business system based on blockchain technology has realized real-time sharing of information by multiple parties, shortening the original business links by more than 60%. 42 new systems such as mobile banking, self-service banking and mobile exhibition industry have realized the deployment of private cloud platforms, with a daily transaction volume of more than 170 million, reaching the leading level in the industry.