a Network of supply chain assets on Blockchain
BANCO Chain is a Blockchain network as permission chain originally designed for ecosystem supply chain finance, to streamline workflow and share data across all stakeholders in the ecosystems without compromise of data privacy and security. BANCO Chain is developed on R3 Corda and Tencent Blockchain.
Benefit from the advantages of blockchain - transparency and traceability, BANCO engine would sync with BANCO Chain for the records of transactions, instruments and other key credit data among the ecosystem stakeholders to help the financiers with better risk management and the enterprises with lower financing cost, easier access, faster processes. All stakeholders in the ecosystems can join BANCO Chain, including enterprises, financial institutions, regulators, governments and others.
BANCO Chain Committee
The advisory team made up of a diverse set of leading banks, core enterprise industrial leaders, building common frameworks, benchmarking and standards that ensures operational consistency and legal clarity the ecosystem supply chain finance services and products.