Shanghai Huangpu District launches three blockchain innovation application scenarios

March 25, Shanghai Bund Financial Technology Salon: Lian Dong Finance · Scenario Co-Creation—A New Practice Event for Blockchain Empowering Financial Technology and Supply Chain Finance, held at the Bund FTC. Pudong District’s first batch launched three blockchain innovation application scenarios. First is the supply chain finance scenario, led by “chain leader” enterprises in the industrial chain; taking the energy storage industry as an example, it focuses on the entire natural gas industrial chain. It will重点 explore putting resource information such as underground gas storage reservoirs onto the blockchain for evidence preservation, helping banks precisely assess asset value, thereby providing financing support for related enterprises in the industrial chain; and, through an end-to-end risk control early-warning and operational monitoring system, provide a demonstration for modern governance of the energy industrial chain. Second is the evidence preservation and traceability scenario, led by well-known time-honored brand enterprises; taking a well-known gold jewelry brand as an example, it focuses on end-to-end traceability services for gold jewelry products. It plans to put information across the entire product lifecycle—from production to sales—onto the blockchain to provide consumers with authenticity assurance, helping time-honored brands drive digital transformation and bring fresh vitality to traditional brands. Third is the grassroots governance scenario, implemented through explorations across different subdistricts, piloting a community self-governance chain. It focuses on putting governance items such as the use of maintenance funds, owners’ meeting voting, and property service performance fulfillment onto the blockchain for evidence preservation, enabling the owners’ committee and property affairs to be fully traceable and allowing multi-party co-governance, so that blockchain technology serves the “small but crucial matters” close to the people. (First Financial)