Recently, Aisino Corporation (hereinafter referred to as 'Aisino') and Planning Institute of China National Petroleum Corporation made a successful cooperative agreement that they will cooperate in the construction of blockchain platform in the oil and gas industry and the application of blockchain Supply Chain Finance (SCF).

　　The platform relies on the 'decentralization' and the 'trustless' characteristics of blockchain technology, to equip blockchain SCF with the characteristics of controlling contract risks, increasing trust mechanisms, facilitating trust transfer, and improving contract fulfillment efficiency, so as to help enterprises more efficiently realize capital credit and circulation, improve credit, solve financing difficulties, and provide enterprises with a low-cost, low-risk, highly transparent and more efficient financing environment.

　　The two parties have attached great importance to the cooperation and brought together business backbones to form a project team. In the future, the two parties will give full play to their respective advantages to jointly improve the exploitation and utilization level and the application of blockchain technology, and promote the digital transformation of traditional industries.

Attachments

  • Original document
  • Permalink

Disclaimer

Aisino Co. Ltd. published this content on 24 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2021 11:30:19 UTC.