31 Chinese Firms Form Financial Blockchain Consortium
A group of technology and finance companies in Shenzhen, China, have launched a new blockchain consortium.
OneConnect, the fintech wing of Ping An Insurance Group, is building a logistics-tracking blockchain platform with the China Merchants Port Group.
OneConnect Financial, the blockchain and AI subsidiary of China’s top insurance company Ping An Insurance, has set the terms for its planned NYSE listing.
The only non-Chinese firm in the rankings, IBM, came fourth in terms of number of patents.
Ping An, the Chinese insurance giant that built the eTradeConnect blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships.
Blockchain business consortium Hyperledger is facing new challenges as it seeks to grow its membership.