Patent seeking Blockchain system for financial assets

Blockchain News in China

The Industrial and Commercial Bank of China (ICBC) has filed a blockchain patent with the China State Intellectual Property Office for the exchange of financial assets. The main aim to propose the system is to do away with the role of intermediaries in the existing financial system and improvise the liquidity of the securities or assets.

Leave a Reply

Your email address will not be published. Required fields are marked *