Shanghai Municipal Party Secretary Chen Jining: Guide more financial institutions to use blockchain technology and establish a financial risk monitoring and early warning system based on blockchain technology

During his visit to the Shanghai headquarters of the People's Bank of China, Shanghai Municipal Party Secretary Chen Jining emphasized the need to seize opportunities presented by digitalization and intelligentization to jointly promote financial innovation and transformation. He emphasized optimizing and improving regulatory systems and working mechanisms, clarifying risk control requirements and entry standards, and supporting the development and in-depth application of multi-agent technologies. He emphasized guiding more financial institutions to integrate and utilize blockchain technology, jointly developing supply chain finance based on a secure and reliable credit system, and establishing a financial risk monitoring and early warning system based on blockchain technology to better prevent and mitigate risks in key areas. (People's Bank of China Shanghai Headquarters Official Account)