China Mutual Finance Association builds a blockchain-based third-party digital certificate platform

　　The reporter learned from the China Internet Finance Association that, under the guidance and support of the regulatory authorities, and on the basis of full research, demonstration and careful preparation in the early stage, the China Internet Finance Association coordinated with all parties in industry, academia and research to build a third-party digital certificate based on blockchain. Platform, the project has been included in the financial technology innovation supervision pilot project organized by the People’s Bank of China.
　　Recently, seven ministries and commissions including the Ministry of Finance and the People’s Bank of China jointly issued the "Guiding Opinions on Promoting the Digitization of Letters and Verifications by Accounting Firms" (Caikuai [2020] No. 13, hereinafter referred to as the "Guiding Opinions"), which clearly requires the advancement of the digitization of letters and certificates. Solidly improve the audit quality of accounting firms and prevent and control bank risks.
　　China Internet Association, said finance , currently follow the "guidance" of "gradual and orderly push", "Guidelines on optimizing means" to "ensure safety, the pilot first," "standard unified, multi-technology" principle demands , continuous improvement and has been Do a good job of technical and business preparations for the pilot digital certificate platform.
　　It is understood that the bank’s letter of evidence is one of the core procedures for the CPA to implement financial audits in accordance with the law , and it is also a key link in the implementation of risk control in the current financial market investment and financing activities . In recent years, many risk events in China’s financial market are related to false banks. Correspondence is closely related.
　　At present, China's letter of evidence is mainly based on the offline manual mode , and the pain points of letter of evidence such as high risk , low efficiency, high cost, many errors, and poor reliability are more prominent.
　　In this regard, the China Internet Finance Association stated that in response to the expectations of the majority of member institutions , the association takes as the starting point to solve the pain points of the letter and the application of blockchain technology in the field of letter and evidence, under the guidance and support of relevant regulatory authorities , Plans to build a blockchain-based digital certificate infrastructure-digital certificate platform.
　　According to the introduction of the China Internet Finance Association, the digital letter certification platform can enable accounting firms to send letters and banks to receive letters、被审计企业确认、银行回函、会计师事务所接收回函全流程线上处理，进而有效提升效率、降低成本。同时，在数字函证平台底层采用自主可控的区块链架构，通过充分发挥区块链分布式、防篡改、可追溯的技术优势，在可信安全环境下保障函证数据的准确性、可靠性和安全性，有效规避相关风险。
　　“下一步，中国互联网金融协会将继续稳妥开展数字函证平台建设运营工作，在试点过程中严格接受监管部门监督、指导和检验，力争尽快向银行、会计师事务所以及有关监管部门提供优质高效、安全可靠的数字函证服务，助力《指导意见》等监管政策有效落地。”中国互联网金融协会称。