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JD.com launches blockchain platform for corporate e-invoicing

Monday 20 August 2018 13:31 CET | News

China-based ecommerce company JD.com has announced the launch of JD Blockchain Open Platform, designed for corporate e-invoicing.

JD Blockchain Open Platform is a blockchain-as-a-service platform that enables customers to create and adjust smart contracts on public and private enterprise clouds. The app in question is designed to keep tabs on corporate e-invoicing with immutable records that will sit on the ledger. The first company to use the JD Blockchain Open Platform is CIPC – China Pacific Insurance Company, an insurance company.

Earlier this year, JD.com partnered with Australia-based exporter InterAgri to create a blockchain-based supply chain monitoring platform for Pure Black Angus Beef imports into China. With this project and the most recent invoice tracking system, JD.com are focusing their blockchain-related efforts on trust and reliability.


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Keywords: JD.com, ecommerce, China, blockchain platform, e-invoicing, corporate e-invoicing, blockchain-as-a-service platform
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Countries: World