Ant Financial has teamed up with third-party e-signature platform eQianbao (e签宝) to develop blockchain-based smart contracts.
Ant Financial and E Qianbao officially launched the “Ant blockchain contract” (蚂蚁区块链合约) at the Ant Technology Exploration Conference held in the Zhejiang province capital of Hangzhou from 19 – 22 September.
Ant Financial-affiliate Alibaba recently emerged as the leading private corporate for blockchain-related patents in 2017, accounting for over 10% of the global total.
Established in 2002, eQianbao is the company behind China’s first digital seal system (the “Tianyin” system” as well as China’s first e-signature SaaS platform.
China Accounts for 56% of Blockchain Patents in 2017, Alibaba over 10%