Lufax completes more than 10 million blockchain transactions

As one of the first enterprises to obtain the block chain information service registration numbers in China, LUFAX has registered five services in the block chain sector, and the transaction volume on the platform based on the block chain has exceeded 10 million, with an average of nearly 30,000 transactions online every day, with the total transaction volume exceeding 100 billion yuan.

As one of the first enterprises to obtain the block chain information service registration numbers in China, LUFAX has registered five services in the block chain sector, and the transaction volume on the platform based on the block chain has exceeded 10 million, with an average of nearly 30,000 transactions online every day, with the total transaction volume exceeding 100 billion yuan.

Since 2018, LUFAX has developed and applied the block chain in a number of operation chains of the platform, including its use of block chain technology to assist user identity authentication, transaction tracing, and the block chain application to financial assets.

Now, some asset management, trust and private placement products have applied the block chain technology.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/05/lufax-completes-more-than-10-million-blockchain-transactions/.

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