Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry


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Search for: Search Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry July 13, 2020 Share 0 China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry. Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year. Xi pointed out that it is necessary to strengthen the fundamental research of blockchain and to enhance innovation, enabling China to take a leading position in the blockchain field. With the...