WeBank Secures Blockchain Node Synchronization Technology Patent, Driving Fintech Innovation

WeBank Secures Blockchain Node Synchronization Technology Patent, Driving Fintech InnovationOn March 26, 2025, the State Intellectual Property Office of China announced that Shenzhen Qianhai WeBank Co., Ltd

WeBank Secures Blockchain Node Synchronization Technology Patent, Driving Fintech Innovation

On March 26, 2025, the State Intellectual Property Office of China announced that Shenzhen Qianhai WeBank Co., Ltd. (WeBank) has been granted a patent for "A Blockchain Node Synchronization Method and Device," with authorization announcement number CN114116896B. The patent application was filed in November 2021, marking a significant breakthrough in WeBank's blockchain technology R&D and further solidifying its leading position in the fintech sector.

Established in 2014, WeBank is a monetary financial services company with registered capital of RMB 3,918.2 million and paid-in capital of RMB 3,000 million, headquartered in Shenzhen. WeBank has consistently focused on leveraging technology to enhance financial service efficiency and actively explores innovative fintech applications. This patent is a testament to its continuous investment and technological accumulation in this field.

The "A Blockchain Node Synchronization Method and Device" patent holds significant importance for WeBank and the financial industry as a whole. Blockchain technology, as a decentralized, secure and reliable data storage and transmission technology, has seen increasing application in finance. However, the efficiency and stability of blockchain node synchronization have been key obstacles to its large-scale adoption. WeBank's patent potentially provides a more efficient and stable node synchronization solution, addressing this challenge and paving the way for wider blockchain adoption in finance.

This technological advancement will help WeBank further enhance the security, efficiency, and reliability of its financial services. The technology has potential applications in cross-border payments, supply chain finance, and digital asset management, enabling WeBank to build a more secure and reliable financial system, reduce operating costs, and improve customer experience. Furthermore, the application of this technology will contribute to the innovative development of China's fintech industry and enhance its global competitiveness.

Tianyancha data shows that Shenzhen Qianhai WeBank Co., Ltd. has participated in 59 bidding projects, holds 787 trademarks, 3491 patents, and 110 administrative licenses. This data demonstrates WeBank's strong technological capabilities, market competitiveness, and commitment to continuous investment in fintech. The extensive patent portfolio and rich project experience showcase WeBank's comprehensive capabilities in technological innovation and practical application, laying a solid foundation for its future development.

This patent authorization reflects not only WeBank's technological strength but also its proactive efforts in driving fintech innovation and serving the real economy. WeBank will continue to increase R&D investment, enhance its technological innovation capabilities, and provide safer, more convenient, and efficient financial services to its customers, contributing significantly to the development of China's fintech industry. WeBank's continuous innovation will also serve as a benchmark for other financial institutions, driving the entire industry towards a more secure, efficient, and intelligent future. The successful application of this technology signifies a new breakthrough in the application of blockchain technology in finance, providing strong technological support for the digital transformation of the financial industry.

WeBank's sustained growth and innovation are driven by its emphasis on and investment in technological R&D. This patent authorization is the result of its long-term technological accumulation and innovative exploration, demonstrating WeBank's vision and potential in the fintech sector. We expect WeBank to continue achieving breakthroughs in fintech, creating greater value for society and showcasing the competitiveness of Chinese fintech companies on the global stage, contributing to the international development of Chinese fintech. We believe that WeBank will continue to be driven by technological innovation, leading the Chinese fintech industry to new heights. Its breakthrough in blockchain technology will undoubtedly bring more possibilities for the future development of the financial industry.