Recently, the leading blockchain technology service provider Bubi (Beijing) Network Co., Ltd. (hereinafter referred to as: Bubi) and the well-known credit enterprise Sweet Orange Credit (Tianyi Credit Information Co., Ltd.) successfully held a signing ceremony in Shanghai. The use of blockchain technology to jointly build China's first blockchain credit data platform reached strategic cooperation. In the future, the two sides will play their respective advantages and jointly promote the application of blockchain technology in the field of credit reporting.
Blockchain technology, also known as "distributed ledger" technology, has been around for many years. In 2013, the surge in bitcoin made its underlying support technology "blockchain technology" start to receive widespread attention. Blockchain technology consensus, security, and non-tamperability provide new opportunities and challenges for industries that need to be digitally transformed around the world. This sweet orange credit and Bubi have reached a strategic partnership, which is to build a universal credit system through mutual assistance and network-wide accounting system decentralized through blockchain; The mechanism establishes open credit.
At the same time, the blockchain technology that can provide queryable, non-changeable and deleteable, multiple-copy and secure encryption to the deposited data also lays a foundation for the strategic alliance between Sweet Orange Credit and Bubbi. In the future, Sweet Orange Credit will establish a data alliance with powerful data providers such as Bubi, and solve the problem of data shortage in the industry such as credit reporting by encrypting each data into the blockchain. The data portion stored in the blockchain is publicly visible, and users in need can find the data they need by searching and purchase it from all data vendors. Blockchain technology solves the problem of difficult trust and difficult transaction between data providers, greatly reducing the procedures and costs of data transactions, making the interaction of various data from imagination to reality, and is expected to break the information industry "information" The dilemma of the island.
The cooperation between the sweet orange credit and Bubi is the first test of the blockchain technology in the credit industry, which is of subversive significance. As the leading blockchain service provider in China, Bobby focuses on blockchain technology and product innovation. With multi-centered trust as its core, it is committed to creating an open value distribution network to allow digital assets to flow freely. At present, Bobby has developed a scalable and high-performance blockchain basic service platform, which has the ability to quickly build upper-layer application services and meet tens of millions of users. It has been widely used in trade finance, equity, supply chain traceability, Supply chain finance, banking and other fields. As the leader in the credit information industry, Sweet Orange Credit has a strong technical team and rich industry experience, and has the advantages of innate data resources endowed by operators. The application scenarios cover rental, tourism, hotels, medical care, education, etc. The field has a good reputation in the industry. The combination of the two will lead to a new development path in the data demand industry such as credit reporting and the subversive changes in the era of “moving first, cloud firstâ€.
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