Zheshang Bank Shanghai Branch uses blockchain technology to solve problems such as registration and confirmation of accounts receivable

According to media reports recently, Zheshang Bank Shanghai Branch has applied blockchain technology to solve the problems of account receivable registration and confirmation, etc., in response to the structural blockage of accounts receivable in private enterprises. The accounts receivable are transformed into electronic payment settlement and financing tools to help upstream and downstream SMEs to revitalize accounts receivable and solve the financing problems of private enterprises.