Bai Ruiming, Deputy Secretary General of China Banking Association: Blockchain can solve many problems in supply chain finance

According to Xinhua News Agency, recently, Bai Ruiming, deputy secretary general of the China Banking Association, said in an interview that blockchain technology can solve the problem that banks are difficult to penetrate for suppliers and distributors below the core enterprise; it can help verify core enterprises. Supply chain procurement information and sales information; solve the problem that banks cannot see online business flow and offline logistics information.