WeBank and People Online strategically cooperate to build “People’s Chain” to promote data circulation integration
On October 24, at the “People’s Chain Credit Evaluation Seminar” hosted by People’s Daily Online, WeBank and People’s Online reached a strategic cooperation to jointly build a “People’s Chain”.
WeBank and People Online will rely on “People’s Chain” to explore innovative models of financial technology and inclusive finance, promote the construction and development of the data element market, and provide infrastructure for cooperation and mutual trust in the digital economy era.
In April 2020, the “Opinions of the Central Committee of the Communist Party of China and the State Council on Building a More Complete Factor Market Allocation System and Mechanism” emphasized the importance and strategic importance of data elements as new variables of economic growth, which are of great importance for promoting the development of the digital economy and enhancing the value of data elements. Great practical significance. The value of data needs to be realized through exchange and circulation, but the problems of data islands and data abuse still hinder industry development. This time, WeBank and People’s Online are committed to solving this industry predicament and helping data elements to be credible and safe to circulate.
The two parties in this cooperation will establish an open technology and operation system based on the overall architecture of People’s Chain “One chain and three networks”, and study safe and controllable data exchange technologies and solutions to ensure that the data on the chain can circulate more safely and efficiently; A service platform to increase data openness, strengthen data governance capabilities, and promote the smooth interconnection of the “one chain and three networks” system to improve chain operation efficiency; integrate data resources and industry advantages, and explore the benefits of blockchain and other technologies. Applications in the fields of finance, public opinion, and financial media.
At the meeting, Wan Jun, Chairman of the Board of Supervisors of WeBank, said that WeBank will work with People’s Chain to explore innovative application models of financial technology and inclusive finance, integrating blockchain, artificial intelligence, big data, privacy computing and other frontiers. Scientific and technological achievements, promote the data element market scenario data circulation and collaborative solutions, comprehensively promote the value enhancement of data application scenarios in various fields and truly help the industry to achieve multi-party collaboration and win-win.
People Online is the pioneer of China’s public opinion industry and the setter of service standards. In recent years, People Online has continuously strengthened its strategic positioning of “evaluation technology”, committed to being the most credible big data application platform, and becoming an important force in promoting the modernization of the national governance system and governance capabilities. The global data governance sharing and application platform created by People’s Chain will help solve the problems of enterprise risk management and credit financing in the fields of industry and finance, risk control and finance, and promote the improvement of social governance capabilities.
As one of the earliest domestic enterprises to deploy alliance chains, WeBank has been deeply involved in blockchain since 2015, and has leading advantages in technological innovation, industrial application and ecological construction.
In the field of consortium chain, WeBank carries out technical research and practice, and builds a package of technical capabilities to support industrial applications, including leading the open source working group of the Golden Chain Alliance to create and open source the underlying blockchain platform FISCO BCOS, self-developed and open source Middleware platform WeBASE, cross-chain collaboration platform WeCross, entity identity and trusted data exchange solution Weldentity, distributed event-driven architecture WeEvent, scenario-based data privacy protection solution WeDPR, etc.
Relying on mature technical capabilities, WeBank helps improve the efficiency of collaboration in various industries and supports better application of blockchain. At present, it has been promoted in different fields including smart government affairs, cross-border data circulation, regulatory technology, copyright protection, and social governance. The circulation and integration of credible data.
In addition, WeBank has always been committed to taking the lead in building an open source blockchain ecosystem. Currently, the open source ecosystem around FISCO BCOS has brought together tens of thousands of community members and over 1,000 companies and institutions to participate in the joint construction and co-governance. There are hundreds of FISCO BCOS R&D applications, of which over 80 have been operating stably in the production environment, and have developed into the largest and most active domestic alliance chain open source ecosystem.
