Chinese giant e-Commerce JD.com launched a platform of “blockchain as a service” (BaaS) JD Blockchain Open Platform, which corporate customers will be able to create, host and use your own blockchain application for a more secure, transparent and convenient project management. Platform developers see the potential of its application for tracking the supply chain and charitable contributions, certificates of authenticity, property rights, digital copyright, transactions and productivity of work.
According to the creators of the platform, JD Blockchain Open Platform is easy to use and suitable for companies that have no resources to develop their own blockchain solutions from scratch.
The first partner to use JD JD Blockchain Open Platform has become the Chinese insurance company China Pacific Insurance Company (CPIC) for which the application was built for tracking using a distributed network of corporate accounts (Fapiao) at all stages of the production cycle. It is expected that the new decision will have a positive impact on the processes of accounting and taxation, would allow all participants to have full access to data and increase the efficiency of the insurance company.
Recall that JD.com published white paper of the launch of the new platform “blockchain as a service” in March of this year. And in June, the branch of the company, JD Finance, has announced that it plans to produce a test issue of asset-backed securities (ABS) on the blockchain.
Source
