Home / Business / Technology

Six blockchain application scenarios in China

By Song Jingli | chinadaily.com.cn | Updated: 2017-10-30 07:00
Banking

Six blockchain application scenarios in China

Customers fill out forms at a branch of China Merchants Bank in Haikou, Hainan province. [Photo by Zhang Mao/China Daily]

In February, China Merchants Bank announced that it had successfully incorporated blockchain technology into its business regarding global cash management, cross-border direct settlement and unified account management, chinadaily.com.cn reported on June 14.

The move shortened information transmission time between the head office and overseas branches while avoiding falsified information.

Most Viewed in 24 Hours