China’s main stock exchanges, the regulator CSRC and the main industry body China Securities Association, all have blockchain initiatives.
At a recent conference, four initiatives that use enterprise blockchain in the securities sector were discussed. The China Securities Regulatory Commission (CSRC) has a blockchain securities custody solution. The stock exchanges of Shenzhen and Shanghai are using blockchain and integrated their solution with the CSRC for supervision, as previously reported. Use cases include listings, custody, transactions, capital management and disclosures.
Two more recent solutions are from the China Securities Association (SAC) and China Securities Index (CSI). SAC launched the Securities Industry Alliance Chain in January this year which standardizes electronic paper submissions. It’s using it to evaluate the quality of investment banking practices.
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