Blockchain
The Largest Digital Bank in China featured in the latest Forbes Blockchain 50
WeBank, the world’s leading digital bank, is featured in the Forbes Blockchain 50 2022. The bellwether list recognizes large corporations that lead in employing distributed ledger technology and reflects the spreading impact of the blockchain market globally. WeBank has been recognized for top-notch research and development of consortium chain technologies, as well as its continuous efforts in building an active consortium chain ecosystem. WeBank has provided open-sourced consortium chain technologies to the “The Green Bud Points” based on “Green Inclusive Cloud” developed by China Beijing Green Inclusive Network Technology Co., Ltd (”Green Inclusive”). It encourages the public to reduce carbon emissions by recording daily green behaviors on blockchain and rewarding those behaviors with credits that can redeem vouchers and gifts.
The Green Bud Points, a United Nations Sustainable Development GOALS partnership project, is built on the Green Inclusive Cloud. It intends to promote a green and low-carbon lifestyle by quantifying and calculating the carbon emissions of various environmental protection activities. The Green Bud Points stores users’ carbon emission reduction records on chain. Then, the underlying blockchain technology ensures that the issuance and distribution of records are transparent and traceable, thus securing trust among all users and involved parties. In 2021, the Green Bud Points has recorded more than 2,500 tons of carbon emissions reduced.
The Green Inclusive Cloud is one of many practical applications that surfaced in WeBank’s long-term commitment to provide open-sourced blockchain technologies. So far, WeBank has open-sourced more than 10 blockchain technologies, including leading the development of the underlying blockchain platform FISCO BCOS and the identity authentication and trusted data exchange solution WeIdentity. By implementing FISCO BCOS and WeIdentity, the Health Code Mutual Recognition System between Guangdong and Macao achieves reliable and compliant information verification across borders without direct exchange of personal data. From May 2020 to the end of 2021, more than 100 million border crossings have been through customs between the Chinese mainland and Macao using the system.
Besides providing technologies, WeBank strategically focuses on building consortium chain ecosystem. By the end of 2021, the WeBank-powered FISCO BCOS community has brought together more than 70,000 individual developers, more than 3,000 companies and institutions to participate in the construction of the blockchain industry ecosystem. There are more than 200 public administration, finance, agricultural, social welfare, entertainment, supply chain and IoT applications operating stably in the production environment.
Henry Ma, Executive Vice President and Chief Information Officer of WeBank, said, “Innovation and technology have always been core to WeBank’s strategy to become a world-leading digital enabler. In the coming years, we expect more opportunities in utilizing advanced technologies to serve the real economy and drive financial inclusion. With our leading-edge blockchain and other fintech capabilities, WeBank will continue to collaborate with our ecosystem partners to drive digital transformations across industries, and explore the paths for equitable, sustainable and green developments.”
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
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