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Forbes released the global top 50 blockchain, and five Chinese enterprises including ant financial services entered the list

Time : 21/03/2022 Author : tnolgd Click : + -
        At present, the application of blockchain technology has been extended to digital finance, Internet of things, intelligent manufacturing, supply chain management, digital asset trading and other fields. Major countries around the world are accelerating the development of blockchain technology. Forbes recently released the list of the top 50 global blockchain. BMW, general electric, JPMorgan Chase, Citibank, HSBC, Honeywell, IBM, ING Group, Amazon, Intercontinental Exchange, NASDAQ, LV, MasterCard, Google, Microsoft, Samsung, Wal Mart and other industry giants are on the list. Five Chinese enterprises are on the list, including China Construction Bank, ant financial services, Tencent, Baidu and Foxconn.
 
        Enterprises on the list have the basic technology of cryptocurrencies such as bitcoin, which can be used to accelerate business processes and improve transparency, and can save billions of dollars in costs. At the same time, the list also requires that the annual revenue of listed enterprises should not be less than US $1billion, or the valuation should be more than US $1billion. For the listed enterprises, blockchain technology has been really reflected in revenue and cost savings. Among the five Chinese enterprises on the list, China Construction Bank is the first banking institution in China to enter the Forbes Global blockchain top 50 list. Tencent and Baidu are also on the list for the first time, while ant financial and Foxconn are selected for the second time. According to the released list information, China Construction Bank currently operates nine blockchain projects, including helping to track the source of pharmaceutical products and carbon credit.
 
        Tencent is helping to build trade financing blockchain applications to simplify bulk metal purchases. Forbes believes that bctrade of China Construction Bank has developed the farthest, connecting 60 financial institutions such as postal savings bank of China, Bank of Shanghai and Bank of communications with 3000 manufacturing enterprises and import and export companies. If the exporter waits for delivery confirmation but needs cash, he can share the records of future accounts receivable on the blockchain and get the loan within a few minutes. Baidu has explored and implemented a number of blockchain projects through its Du Xiaoman finance, one of which allows millions of ordinary Chinese users to adopt and trade the lovely digital dog "leitzer dog" &mdash& mdash; These pets are different and "live" on the blockchain.
 
        It also has a service "reassurance plan" to provide education loans, which uses blockchain technology to ensure that students consume teaching services before allocating funds. In addition to the projects listed on the list, Du Xiaoman finance is also actively innovating in the fields of distributed finance. The white paper on distributed Finance released in 2019 is the first to propose a reference technology framework for distributed finance in the industry. In the field of consumer finance, Du Xiaoman finance, as a pioneer, launched the blockchain ABS (asset securitization) project, which solved the trust problem of the authenticity of the underlying assets of all trading parties. Ant financial entered the list again with the duo chain financial platform. The "double chain" financial platform helped the majority of small, medium-sized and micro enterprises with tight cash flow to obtain financing quickly by quickly verifying and paying the accounts receivable of small and micro enterprises. It has promoted a fast loan of $1.5 billion and provided funds for cash tight supply enterprises.
 
        
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