Create financial blockchain letter service.The Shanghai Commercial & Savings Bank has a 32% market share
【Published by: Anue.com | Editor: Chen Hui Ling | Translator: Statecraft 】
The Shanghai Commercial & Savings Bank, Ltd. (SCSB) completed the first accountant’s reply in Taiwan using blockchain and API technology in September 2018. According to the statistics of the company, 30 banks have joined. The financial company’s financial blockchain letter service continues to increase; Shanghai Commercial Bank has the advantage, and the current market share is 32% in the financial industry.
SCSB became the first bank in the country to launch an accountant letter blockchain service last year. It not only allows financial technology to be implemented in the banking business but also solves the problem of the labor burden of traditional paper-based letter-keeping operations, as well as the painful points of forgery, alteration or omission of data.
SCSB not only took the lead in promoting financial blockchain correspondence services but also paid bright transcripts in the use of financial blockchain correspondence services this year. As of the end of July this year, SCSB Bank has recruited 68 accountants. Participated in the financial blockchain letter service and assisted him in obtaining authorization from 971 companies under investigation. A total of 3,053 letters of inquiry were issued through the financial blockchain letter service platform, with a total market share of approximately 32% for all businesses. The crown of the acting bank.
The SCSB explained that through the financial blockchain “automation” and “digital” services, financial institutions such as governments, accountants, companies and banks can be integrated into a complete and efficient financial blockchain letter ecosystem. SCSB hopes to be a value-driven partner with the blockchain letter serves as the basis for business cooperation, and also provides the accounting firm’s payment and payment platform function, including Taiwan Pay’s receipt, serial accountants and financial services at both ends of the investigated company. It is more convenient and convenient for the service companies to pay for the inspection. It not only greatly improves the service quality and efficiency of the accountant’s letter-keeping operation, but also solves the complicated problem of multi-channel collection and reconciliation process, and reduces the account processing manpower of the accounting firm.
The SCSB further stated that from the service consultation, issuing letters to charging notices, payment to reconciliation services, and one-stop systemized financial services, it is deeply recognized by accountants and enterprises, allowing the three parties to jointly create new business scenarios and attract more Many accountants and enterprises have joined this blockchain ecosystem. In the future, SCSB will continue to let emerging technologies go hand-in-hand and continue to provide more convenient financial service models.
■ Source: Anue.com
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