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Beijing National Financial Technology Certification Center Certifies First Batch of MPC Technology Financial Applications

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According to reports, the Beijing National Financial Technology Certification Center recently announced the first batch of products and version information that have passed multi-p

Beijing National Financial Technology Certification Center Certifies First Batch of MPC Technology Financial Applications

According to reports, the Beijing National Financial Technology Certification Center recently announced the first batch of products and version information that have passed multi-party secure computing (MPC) technology financial application certification, including Ant Blockchain Technology (Shanghai) Co., Ltd., Lanxiang Zhilian (Hangzhou) Technology Co., Ltd., Ant Zhixin (Hangzhou) Information Technology Co., Ltd., WeBank, and platforms under Huakong Qingjiao Information Technology (Beijing) Co., Ltd., which have been certified.

Ant blockchain and other enterprises selected for MPC certification by the National Financial Technology Certification Center

With the increasing ubiquity of technology in financial services, the importance of secure computing cannot be overstated. Recently, the Beijing National Financial Technology Certification Center has announced the first batch of products and version information that have passed multi-party secure computing (MPC) technology financial application certification. This certification assures the security and reliability of financial services provided by the certified products and platforms.

What is Multi-Party Secure Computing (MPC)?

Multi-party secure computing (MPC) is an innovative cryptographic technology that allows multiple parties to compute a joint function without revealing any party’s sensitive input. It is widely used in financial services to ensure secure and reliable computing, as it can protect data privacy and ensure data integrity and security.

The First Batch of Certified Products

The first batch of certified products and platforms includes Ant Blockchain Technology (Shanghai) Co., Ltd., Lanxiang Zhilian (Hangzhou) Technology Co., Ltd., Ant Zhixin (Hangzhou) Information Technology Co., Ltd., WeBank, and platforms under Huakong Qingjiao Information Technology (Beijing) Co., Ltd. These products and platforms have undergone rigorous testing and have been certified to meet the highest standards of MPC technology financial application certification.

Ant Blockchain Technology (Shanghai) Co., Ltd.

Ant Blockchain Technology (Shanghai) Co., Ltd. is a subsidiary of Ant Group, a financial technology company based in China. The company provides blockchain-based solutions for various industries, including finance, supply chain, and public services.

Lanxiang Zhilian (Hangzhou) Technology Co., Ltd.

Lanxiang Zhilian (Hangzhou) Technology Co., Ltd. is a provider of intelligent financial technologies and services, specializing in intelligent risk control and intelligent claims management in the insurance industry.

Ant Zhixin (Hangzhou) Information Technology Co., Ltd.

Ant Zhixin (Hangzhou) Information Technology Co., Ltd. is a data technology company focused on providing real-time data analysis and decision-making solutions for the financial industry.

WeBank

WeBank is a digital bank in China that provides online banking, financial management, and credit services to its customers. It is the first privately-owned online bank in China and has been recognized for its innovative business model and service quality.

Enterprise Platforms by Huakong Qingjiao Information Technology (Beijing) Co., Ltd.

Huakong Qingjiao Information Technology (Beijing) Co., Ltd. provides enterprise-level financial risk management solutions and professional technical services to financial institutions and enterprises. The certified platforms under this company provide a wide range of services, including credit risk management, asset-quality evaluation, and compliance management.

Conclusion

The certification of the first batch of products and platforms using multi-party secure computing (MPC) technology financial application certification is a significant step towards ensuring the security and reliability of financial services in China. It is an indication of the commitment of financial technology companies to providing secure and reliable financial services to their customers.

FAQs

Q. What is multi-party secure computing (MPC)?
A. Multi-party secure computing (MPC) is an innovative cryptographic technology that allows multiple parties to compute a joint function without revealing any party’s sensitive input. It is widely used in financial services to ensure secure and reliable computing.
Q. Why is MPC technology important in financial services?
A. MPC technology is important in financial services as it can protect data privacy and ensure data integrity and security, which are crucial in financial transactions.
Q. What are some of the certified products and platforms under the MPC technology financial application certification?
A. The first batch of certified products and platforms includes Ant Blockchain Technology (Shanghai) Co., Ltd., Lanxiang Zhilian (Hangzhou) Technology Co., Ltd., Ant Zhixin (Hangzhou) Information Technology Co., Ltd., WeBank, and platforms under Huakong Qingjiao Information Technology (Beijing) Co., Ltd.

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