China is one of the largest world powers in the
technological field. That is why they naturally conduct research and projects
related to blockchain. In fact, they have recently offered an update of their
CCB platform, also known as the China Construction Bank.
Bank of China updates its blockchain platform after a lot
of transactions
One of the most important banks in China (the China
Construction Bank) decided to carry out an update on its system. In order to
offer a better performance to the public, since they deserve it. All this
because, the bank records a large number of operations, coming from:
- More than 50 stores.
- Various branches of the CCB.
- More than 40 external organizations.
- In addition to state banks and some foreigners.
Now, the blockchain platform that makes all this possible
was announced as the launch of BTCrade 2.0. This platform must not only carry
out the management of transactions from China and abroad; but in addition to
that, you must also manage business activities, such as:
- Bank account management.
- Accounts receivable.
- Commercial financing.
- Finally offer a system that allows you to manage activities in real time.
Certainly, this platform implies a regulatory system and
to everyone's surprise, the CCB's deputy governor said that this bank greatly
promotes the blockchain platform; In addition to ensuring that important
entities will be invited to join.
Why do they decide to improve the CCB blockchain
platform?
The qualities of technology are undeniable, since it
offers efficiency, safety and control. Therefore, these features would be very
useful for a banking platform. This is because, thus, the user experience would
be significantly improved. However, it is not only about this, but also related
to expanding the bank's management capacity.
China is a progressive country, which needs to increase
its capabilities, since improvements are demanded every day. In fact, proof of
this is what happened in the month of March of this year; when this institution
released a report on the amount of income they had during 2018.
In said report, it was seen that they recorded
transactions of more than 200 million yuan, which is equivalent to about 30
billion dollars. Therefore, a new platform was completely adequate, being that
the first blockchain version they would work with and from the date (2018)
until now, more than 50 billion dollars in transactions were registered.
Popular Bank of China announces great news that will
benefit more than 8 institutions
Another relevant news is that it is presumed that the
People's Bank of China recently announced the possibility of creating a
cryptocurrency; which, first delivered to various institutions. However, this
has not been officially confirmed by the bank, since the news was leaked by
confidential sources.
Likewise, said source also informed which would be the
benefited companies, among them are: Alibaba and Tencent, in addition to five
banking entities and one unknown, but extremely relevant.
SOURCE: Criptotendencia
