Recently, the Daqing Central Sub-branch of the State Administration of Foreign Exchange officially joined Heilongjiang's pilot program for the cross-border financial blockchain platform. Built on core blockchain technology, the cross-border financial blockchain service platform aims to address difficulties and high costs associated with corporate financing.
According to reports, the platform not only enhances financial institutions' risk identification capabilities but also enables enterprises to apply online for financing from multiple banks remotely, significantly shortening financing approval times. Since its launch, the pilot service has gained strong market recognition for its innovative financing methods, convenient access, and high efficiency, attracting active participation from numerous banks and enterprises. (Daqing Network)
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