The multi-center trusted POS electronic purchase order system jointly established by China UnionPay and China Everbright Bank recently announced the completion of preliminary tests.
This test means that the first cross-physical space and completely Internet-based alliance chain application scenario was born.
“China UnionPay has been actively researching digital currency and blockchain technology, continuously tracking related underlying technologies, and exploring various application solutions based on blockchain technology, including trusted electronic certificates, digital points, cross-border payments, and supply. Chain finance, etc.. The relevant person in charge of China UnionPay said on the same day.
According to Li Wei, CEO of the supplier chain of interest, the system will effectively solve the four problems brought about by the electronicization of documents. "The first one can identify the authenticity of the electronic voucher in an easier way; the second can prevent the abuse of the electronic voucher, specify the number and range of use of the electronic voucher, and eliminate the double flower; the third can solve the trust bottleneck faced by the voucher storage industry, Facilitate the development of the business; Fourth, by recording the electronic voucher summary, circulation records, etc., the electronic voucher can be traced back to meet the needs of business supervision and review."
What is worthy of attention in the domestic blockchain industry is that China UnionPay and China Everbright Bank have successfully established the industry's first cross-physical space and completely based on the real Internet environment through the use of the underlying blockchain technology of interesting chain technology. It is also the first time that two different financial institutions have jointly operated a distributed account book with a different location.
The reporter also learned that the platform was deployed in Beijing and Shanghai, and has been running stably for more than a month in the verification environment with the data pressure of the actual business scenario, and the monitoring of various resources is normal. At present, only the basic business is run on the platform, and more services will be launched on this platform, such as supply chain finance, cross-border payment, points, and bills. Bank of Beijing [share review] will also join the alliance chain in the next stage of production, and more banks will participate in the follow-up.
Li Wei also said that the testing of the multi-center POS electronic purchase order system based on the interesting chain products of China UnionPay and China Everbright Bank marked the successful joint communication of the first multi-party cross-regional blockchain network in China, which is a major development of the alliance chain. Step is also a concentrated expression of the advantages of the interesting chain enterprise-level blockchain products in terms of reliability and stability.
“Multi-center POS electronic purchase order system is an important first step to implement paperless. The follow-up will be applied to blockchain applications for various types of financial documents, thus promoting the creation of digital banks and improving the process of various types of documents. Processing efficiency, and is conducive to the development of the green economy." Relevant people of Everbright Bank also pointed out.
It is reported that Everbright Bank has already laid out the blockchain field earlier. Zhang Huayu, deputy director of China Everbright Bank, said publicly that Everbright Bank closely followed the development of emerging technologies, especially in the process of exploring new technology features, development history, trends and application scenarios represented by blockchains. Communication and exchange of technical alliances, typical technical representatives and financial peers, and actively carry out application incubation experiments of blockchain technology. In the early stage, research and practice on the application prospects of blockchain technology in the verification of wealth management products, charitable donations, contract management, fund custody, supply chain finance, and file transfer have been carried out.
This test means that the first cross-physical space and completely Internet-based alliance chain application scenario was born.
“China UnionPay has been actively researching digital currency and blockchain technology, continuously tracking related underlying technologies, and exploring various application solutions based on blockchain technology, including trusted electronic certificates, digital points, cross-border payments, and supply. Chain finance, etc.. The relevant person in charge of China UnionPay said on the same day.
According to Li Wei, CEO of the supplier chain of interest, the system will effectively solve the four problems brought about by the electronicization of documents. "The first one can identify the authenticity of the electronic voucher in an easier way; the second can prevent the abuse of the electronic voucher, specify the number and range of use of the electronic voucher, and eliminate the double flower; the third can solve the trust bottleneck faced by the voucher storage industry, Facilitate the development of the business; Fourth, by recording the electronic voucher summary, circulation records, etc., the electronic voucher can be traced back to meet the needs of business supervision and review."
What is worthy of attention in the domestic blockchain industry is that China UnionPay and China Everbright Bank have successfully established the industry's first cross-physical space and completely based on the real Internet environment through the use of the underlying blockchain technology of interesting chain technology. It is also the first time that two different financial institutions have jointly operated a distributed account book with a different location.
The reporter also learned that the platform was deployed in Beijing and Shanghai, and has been running stably for more than a month in the verification environment with the data pressure of the actual business scenario, and the monitoring of various resources is normal. At present, only the basic business is run on the platform, and more services will be launched on this platform, such as supply chain finance, cross-border payment, points, and bills. Bank of Beijing [share review] will also join the alliance chain in the next stage of production, and more banks will participate in the follow-up.
Li Wei also said that the testing of the multi-center POS electronic purchase order system based on the interesting chain products of China UnionPay and China Everbright Bank marked the successful joint communication of the first multi-party cross-regional blockchain network in China, which is a major development of the alliance chain. Step is also a concentrated expression of the advantages of the interesting chain enterprise-level blockchain products in terms of reliability and stability.
“Multi-center POS electronic purchase order system is an important first step to implement paperless. The follow-up will be applied to blockchain applications for various types of financial documents, thus promoting the creation of digital banks and improving the process of various types of documents. Processing efficiency, and is conducive to the development of the green economy." Relevant people of Everbright Bank also pointed out.
It is reported that Everbright Bank has already laid out the blockchain field earlier. Zhang Huayu, deputy director of China Everbright Bank, said publicly that Everbright Bank closely followed the development of emerging technologies, especially in the process of exploring new technology features, development history, trends and application scenarios represented by blockchains. Communication and exchange of technical alliances, typical technical representatives and financial peers, and actively carry out application incubation experiments of blockchain technology. In the early stage, research and practice on the application prospects of blockchain technology in the verification of wealth management products, charitable donations, contract management, fund custody, supply chain finance, and file transfer have been carried out.
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