Babbitt enters cross-border finance, joins banks to launch China's first blockchain re-export trade product

On December 17, the Agricultural Bank of China Shanghai Branch held a "cross-border e-chain" product launch in Shanghai, which is the first domestic re-export trade blockchain product.

Untitled-1 Chen Tao of Agricultural Bank of China Shanghai Branch introduces "cross-border e-chain" products

As the first blockchain product in this field, the “cross-border e-chain” is provided by FunChain with an autonomous and controllable alliance chain bottom layer and innovative integration with the underlying solution of the Babbitt blockchain. Much research and concentrated research and independent research and development.

Compared with traditional products, this product has the advantages of a good platform, excellent concepts, advanced functions, strong technical and business independence, strong scalability, and strong reproducibility. It can effectively solve problems that are not easily solved by traditional methods, and collaborate to verify the truth To achieve a win-win situation for traders, banks and freight forwarders. On behalf of Babbitt, Wang Lei, CEO of Babbitt, signed a strategic cooperation agreement with the Agricultural Bank of China Shanghai Branch to reach a strategic cooperation.

Picture thousand miles Babbitt CEO Wang Lei (first from left in front row) participates in "cross-border e-chain" blockchain technology cooperation contract

The conference was not only a strategic upgrade of the Agricultural Bank of China Shanghai Branch, but also Babbitt's first attempt in the cross-border financial sector. In the future, Babbitt will continue to accelerate blockchain technology innovation, continuously enrich blockchain application scenarios, and provide more blockchain solutions for financial scenarios such as cross-border re-export trades.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

PIXEL: The Game-Changing Web3 Game on Binance Launchpool 🚀

Binance Exchange proudly presents its latest addition to the Launchpool - Pixels (PIXEL). This revolutionary gaming p...

Blockchain

XRP Price Predictions: Will It Surpass Its All-Time High?

Experts are optimistic about the potential rise in value for XRP, with numerous analysts forecasting that it could su...

Blockchain

The Ripple-Metaco Deal: Paving the Way for XRP’s Galactic Takeover

Fashion enthusiasts rejoice as top banks and financial institutions continue to come on board after Ripple's deal wit...

Market

Crypto Fund Tokenization Platform Libre to Launch in Q1 2024

The exciting collaboration between WebN Group and Laser Digital has led to the development of Libre a cutting-edge fu...

Market

Decoding Ethena Arthur Hayes' Views on USDe Opportunities and Risks

Arthur Hayes is confident in the exceptional approach and high yield of Ethena's (USDe) stablecoin, which could poten...

Market

Welcome to the Memeinator-verse: A Meme Token On Fire! 🔥

Memeinator's stage 6 release sells out in record time, fueling high expectations for the brand's future in 2024.