Shanghai Launches Pilot Program for "Blockchain-Based Commodity Supply Chain Financing Business"
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September 21, 2024
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Shanghai Launches Blockchain-Based Commodity Supply Chain Financing Pilot Program
According to Jin10, Shanghai officially launched a pilot program for "commodity supply chain financing based on blockchain technology" this afternoon. The Nonferrous Metals Trading Center, Shanggang Cloud Warehouse, and the first four commodity trading companies that have joined the platform signed strategic cooperation agreements with Bank of Communications.
This pilot program aims to promote the development of supply chain finance based on blockchain technology by leveraging financial technology innovation and the role of government guarantee funds, thereby better serving the real economy.
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