The first batch of 8 innovative applications of the Shanghai version of the regulatory sandbox pilot was unveiled, 3 of which are blockchain-related applications

According to the Shanghai headquarters of the central bank, the Shanghai Financial Technology Innovation Supervision Pilot Working Group announced the first batch of eight innovative applications in Shanghai. Lianwen found that the first batch of applications included three blockchain-related applications, namely: 1. Shanghai Pudong Development Bank’s “Blockchain-based Online Financing Services for Small and Micro Enterprises”; 2. China UnionPay, Shanghai Pudong Development Bank , Bank of Shanghai’s “Blockchain-based financial and government data fusion products”; 3. CCB Financial Technology, China Construction Bank’s “Credit Union Chain Risk Information Collaborative Sharing Product”. Lianwen previously reported that on May 17 this year, the Shanghai Financial Technology Industry Alliance was established in Shanghai. At the meeting, the leaders of the Shanghai Headquarters of the People’s Bank of China formally announced the launch of the Shanghai financial technology innovation supervision pilot program.