The central bank and eight other departments: Actively explore the secure application of blockchain technology in financial scenarios such as transaction clearing and credit reporting

ChainCatcher news, today, the central bank and eight other departments issued the "Overall Plan for the Construction of Science and Technology Innovation Financial Reform Pilot Zones in Shanghai, Nanjing, Hangzhou, Hefei, and Jiaxing" (hereinafter referred to as the "Overall Plan"). Among them, in terms of deepening the development and application of financial technology, the "Overall Plan" points out that, under the premise of legal compliance and controllable risks, it actively explores the safe application of blockchain technology in financial scenarios such as supply chain finance, trade finance, transaction clearing, and credit reporting, supports the construction of the Yangtze River Delta credit chain, and promotes the integrated development of credit in the Yangtze River Delta. It supports cooperation among higher education institutions, research institutions, and financial technology companies within the pilot zone. It supports the regional equity market within the pilot zone to carry out blockchain application pilot projects and establish a connection mechanism between the regional equity market and the China Securities Depository and Clearing Corporation Limited. (Beijing Business Today)