Bank of China Commits to Development of New Blockchain Applications


Source: chinabankingnews.com chinabankingnews.com

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Bank of China Commits to Development of New Blockchain Applications By WhatsApp A senior tech executive from one of China’s big state-owned banks has stressed the lender’s commitment to the development and application of distributed ledger technology. Wang Lijing (王丽静), deputy-general manager of Bank of China’s (BOC) Software Centre, writes that “the financial sector and blockchain technology have a natural correspondence, and in recent years this has already become the most flourishing area of application and a backbone force of technological development.” Wang made the remarks in an opinion piece published on 17 June entitled “The Blockchain – Building a...