{"id":60851,"date":"2020-12-23T23:00:50","date_gmt":"2020-12-23T15:00:50","guid":{"rendered":"https:\/\/www.chinapulse.com\/?p=150928"},"modified":"2020-12-23T23:00:50","modified_gmt":"2020-12-23T15:00:50","slug":"china-banking-association-launches-blockchain-to-verify-bank-audit-letters-ledger-insights","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2020\/12\/23\/china-banking-association-launches-blockchain-to-verify-bank-audit-letters-ledger-insights\/","title":{"rendered":"China Banking Association launches blockchain to verify bank audit letters \u2013 Ledger Insights"},"content":{"rendered":"<p>0<\/p>\n<p>Last week the China Banking Association unveiled a new blockchain solution to verify bank audit letters, developed alongside the Chinese Institute of Certified Public Accountants. More than a hundred banks and audit firms have applied to join the network.<\/p>\n<p>Typically during a company audit, the auditors ask for a letter from banks to prove that a bank balance exists.&#8230;<\/p>\n<p>This news comes via <a href=\"https:\/\/www.chinapulse.com\/\"  title=\"Best source for Chinese news in English\">ChinaPulse.com, which delivers news, data, analysis, and insights on Chinese business, travel, finance, health, military, investment, and technology<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>0<br \/>\nLast week the China Banking Association unveiled a new blockchain solution to verify bank audit letters, developed alongside the Chinese Institute of Certified Public Accountants. More than a hundred banks and audit firms have applied to join the net&#8230;<\/p>\n","protected":false},"author":250,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[669,144,213,671,194],"tags":[1768,7705,3472,3312],"class_list":["post-60851","post","type-post","status-publish","format-standard","hentry","category-bank","category-china","category-china-news","category-finance","category-news-chinese-law","tag-bank-of-china","tag-blockchain","tag-chinese","tag-electronics"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/60851"}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=60851"}],"version-history":[{"count":2,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/60851\/revisions"}],"predecessor-version":[{"id":60855,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/60851\/revisions\/60855"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=60851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=60851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=60851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}