Recently, China Innovation Challenge (Shanghai) Putuo District Branch Working Group and Zheng Jianxian, Deputy Director of the Blockchain Sub-Center of the Eastern National Technology Transfer Center, and his delegation went to Yinshang Information and exchanged one-on-one feedback on the technical needs of enterprises. Mr. Zhang Linyan, General Manager of Prepaid Card Business Department, participated in the docking.

During the visit, the team learned that as one of the leaders in China's prepaid card service industry, Yinshang adopted a "cloud service" model and is committed to providing highly reliable prepaid card business system-based products and services to retail and consumer service enterprises, as well as to meet their continuous customization (personalization) services. demand. However, as the market continues to evolve, companies are looking to further blockchain their prepaid cards to improve operational efficiency and adapt to the evolution of the format.

Blockchain technology has emerged as an optional future upgrade for the financial industry, through which transacting parties can carry out economic activities without the need for third-party credit intermediaries, thereby reducing the cost of being able to transfer assets globally. Since 2016, major financial giants have been conducting blockchain innovation projects to explore the possibility of applying blockchain technology in various financial scenarios.

At the meeting, General Manager Zhang Linyan gave a brief introduction of the enterprise background and business scope. As for the technical needs of the enterprise, Zheng Jianxian, deputy director of the company, said that the blockchain sub-center of the Eastern National Technology Transfer Center and the Blockchain Technology Research Institute of China Currency Blockchain can build a "data trusted node server base station" with the technical support of the blockchain BaaS platform built by the blockchain sub-center of the Eastern National Technology Transfer Center and the Blockchain Technology Research Institute of China Currency Blockchain. ", leading the financial technology innovation through blockchain and digital currency technology. In addition, Deputy Director Zheng Jianxian also said that the effective application of blockchain technology in the financial sector, to some extent, can also reduce the cost of risk and improve operational efficiency.

After a positive discussion and exchange, General Manager Zhang Linyan said that blockchain technology has a good development prospect in the financial field, and hoped to carry out more in-depth cooperation with the blockchain sub-center in the next step.

The Challenge Working Group will continue to maintain close contact with the enterprises and actively organize matchmaking activities to help them solve technical problems.