Dianrong, the leading Chinese p2p lending platform, is migrating its supply chain finance platform to R3’s Corda. The existing platform uses Hyperledger, and Dianrong joined the Hyperledger alliance in late 2016.
The company provides both consumer lending and small business credit. It is one of the leading consumer p2p lending platforms in China. The founder and Executive Chairman, Soul Htite, was also the co-founder of the US Lending Club.
Dianrong’s supply chain blockchain solution enables small business suppliers to receive payment early. It does so by providing end-to-end financing through an entire supply chain.
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