AntChain released the Trusple platform Jiang Guofei: Fully drive cutting-edge technology to become a technology industry

On September 25, Jiang Guofei, vice president of Ant Group and president of the Intelligent Technology Business Group, released the Trusple platform at the Bund Conference, which is a new international trade and financial service platform based on AntChain technology. "The Trusple platform uses blockchain technology to restart a confidential project 19 years ago, which solves the problem of trust between buyers and sellers in international trade," Jiang Guofei said.

19 years ago, in 2001, Alibaba B2B tried to solve the problem of mutual distrust between buyers and sellers in foreign trade transactions, using a model similar to intermediary guarantees, but because transactions between enterprises are much more complicated than between individuals , The payment methods and logistics methods are very different, and this method ended without a problem at that time. Until 2003, this model was used in Taobao, a C2C business with a relatively simple transaction process. This is also the origin of the birth of Alipay and promotes the vigorous development of the entire e-commerce industry.

Gansu Cultural Tourism, Zhongyang Starlight and Ant Chain reached a strategic cooperation: According to news on September 18, Gansu Cultural Tourism, Zhongyang Starlight and Ant Chain formally reached a strategic cooperation. The three parties will build a national The first "Silk Road Cultural Wenchangxing Platform" explores a new model for the integration of traditional culture renewal and cultural tourism scene operation. According to reports, the "Silk Road Cultural Wenchangxing Platform" is provided by AntChain with technical solutions, Zhongyang Starlight conducts in-depth operations and services for the cultural and tourism industry, and jointly assists the digital transformation of relevant businesses in the province, and combines traditional cultural resources to promote Gansu cultural and tourism. Industry development realizes the two-wheel drive of cultural protection and commercialization. [2021/9/18 23:35:34]

Nowadays, the development of digitalization has made business trade easier, but the complexity of the B2B international trade process has not been reduced. The trust issue between buyers and sellers is still the core obstacle hindering the current cross-border trade. However, the emergence of blockchain provides a new technical solution.

AntChain's agricultural business volume has increased by more than 12 times in the past year: According to news on March 9, the AntChain's agricultural business volume has increased by more than 12 times in the past year, and the traceability of agricultural products has increased by nearly 7 times year-on-year , the data increment on the chain is obvious. In addition to the traceability of agricultural products, businesses such as agricultural product transactions, land management rights transfer, and rural finance have also been moved to AntChain, enriching the practical scenarios of "blockchain + agriculture". At present, Zhejiang, Jiangsu, Anhui, Sichuan, Jiangxi, Jilin and other places have given full play to the agricultural advantages of the countryside and promoted the chaining of various types of agricultural assets, covering all links from production to circulation. [2021/3/9 18:28:02]

Anhui Exploration Blockchain Helping Farmers won the "Top Ten Technological Achievements in Digital Agriculture in the World". Chain" was awarded "Top Ten Technological Achievements of Digital Agriculture in the World".

This is jointly created by the People's Government of Dangshan County, Anhui Province, the Bureau of Commerce of Dangshan County, the Anhui Branch of the Agricultural Bank of China, and Ant Chain. It is the first sample of rural revitalization based on blockchain in China. Dangshan County has realized the integration of "business flow, logistics, capital flow, and information flow" in the entire agricultural industry chain through the AntChain, helping merchants to achieve credit loans. Within two months of its launch, the platform has covered more than 200 enterprises, and the Agricultural Bank of China has realized loans of 13 million yuan, which has promoted a year-on-year growth of more than 20% in e-commerce sales. [2020/12/18 15:41:39]

[AntChain Releases Trusple Platform]

"Similar to Alipay's original intention of launching secured transactions, Trusple is also to solve the problem of transaction trust. The difference is that due to the outstanding characteristics of blockchain technology in solving complex process trust, Trusple better fits the problem of solving international trade trust. Demand." Jiang Guofei said.

On the Trusple platform, when buyers and sellers generate a trade order, it is automatically uploaded to the chain and begins to circulate, and the bank will automatically pay based on the payment terms agreed in the order, avoiding the need for sellers to urge buyers to operate offline transfers under the traditional model. At the same time, it can also prevent the frequent occurrence of malicious delays in payment time. Buyers can also obtain financial services such as account periods based on real orders on the chain, which greatly improves capital utilization and procurement efficiency.

For buyers and sellers, every successful transaction on Trusple is a precipitation of "chain credit". When an enterprise generates financing needs, financial institutions can submit a verification request to the Trusple platform to determine the authenticity of the enterprise's trade.

On the one hand, this reduces the financial service risks of banks and other financial institutions. On the other hand, it also revitalizes the survival and operation capabilities of small and medium-sized enterprises, further realizing "making the world easy to do business" and activating the digital economy.

Ms. Yuan, who runs a foreign trade business in Yiwu, Zhejiang, is the first transaction merchant on the Trusple platform. She is also a user of Alibaba International Station. In September this year, she sold the company's main crystal jewelry to Mexico through Trusple, and the next day. To receive the payment, in the past, it often took a week for the transaction alone. "With it, next year's business can achieve at least 30% growth," Ms. Yuan said.

[AntChain Trusple platform releases the first client on stage]

Inclusive financial services brought about by technology have also attracted more and more banking institutions. At the Bund Conference, BNP Paribas, Citibank, DBS Bank, Deutsche Bank, and Standard Chartered Bank became the first five partners of Trusple, marking that this new trading platform will gradually be introduced to the global market.

It is understood that AntChain is a representative technology brand of Ant Group, and has used technology to solve trust problems in more than 50 scenarios. At present, the "daily chain volume" of the AntChain platform has exceeded 100 million, which proves the ability of large-scale commercialization.

"AntChain is fully driving cutting-edge technology into a technology industry, and is committed to promoting the popularization of blockchain technology. In the future, we believe that cross-border trade will become more inclusive, and more and more small and medium-sized enterprises will participate in globalization." Jiang Guofei said.

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