WeBank Granted Patent for Blockchain Network Service Platform, Further Validating its Technological Prowess

WeBank Granted Patent for Blockchain Network Service Platform, Further Validating its Technological ProwessOn January 15, 2025, the State Intellectual Property Office of China announced that WeBank (Shenzhen Qianhai WeBank Co., Ltd

WeBank Granted Patent for Blockchain Network Service Platform, Further Validating its Technological Prowess

On January 15, 2025, the State Intellectual Property Office of China announced that WeBank (Shenzhen Qianhai WeBank Co., Ltd.) was granted a patent for "a blockchain network service platform and address allocation method, and storage medium," with authorization announcement number CN113794789B. The patent application was filed in September 2021, showcasing WeBank's continuous innovation and advancement in blockchain technology.

Founded in 2014 as an internet bank, WeBank has consistently focused on leveraging technological innovation to drive the development of financial services. This patent highlights WeBank's in-depth research and breakthroughs in blockchain technology applications. The patent covers the construction of a blockchain network service platform and the optimization of address allocation methods and storage media, which is crucial for improving the efficiency, security, and reliability of blockchain networks. In an increasingly complex financial environment, blockchain technology, with its decentralized and transparent nature, offers new possibilities for financial innovation. This patent will undoubtedly strengthen WeBank's competitive advantage in the blockchain technology field and provide strong impetus for its future development.

The patent award reflects WeBank's continuous investment in research and development. In recent years, WeBank has significantly increased its R&D investment, actively exploring the application of blockchain technology in the financial sector, achieving remarkable progress. This is evident not only in the continuous growth of its patent portfolio but also in its ability to apply technology to real-world business scenarios. WeBank actively promotes the application of blockchain technology in supply chain finance, digital identity authentication, and other areas, providing customers with more efficient, convenient, and secure financial services. Through technological innovation, WeBank continuously enhances its competitiveness and contributes to the digital transformation of the financial industry.

According to Tianyancha data, WeBank has a registered capital of RMB 391.82 million and a paid-in capital of RMB 300 million. This solid capital base provides a strong foundation for its technological R&D and business expansion. Furthermore, Tianyancha data shows WeBank has participated in 58 bidding projects, holds 774 trademarks, 3425 patents, and 109 administrative licenses. These data fully demonstrate WeBank's influence and comprehensive strength in the financial industry. The large number of patents held signifies WeBank's active pursuit of technological innovation and its ability to translate innovation into productive forces, securing a competitive market advantage. The number of bidding projects and administrative licenses further underscores WeBank's excellent reputation and market recognition within the industry.

This blockchain patent is not an isolated instance of WeBank's technological innovation. WeBank has consistently driven innovation, exploring the boundaries of fintech and achieving remarkable accomplishments. This reflects not only WeBank's strong R&D capabilities but also its unwavering commitment to technological innovation and its long-term strategic vision. In the future, as technology matures and application scenarios expand, WeBank's blockchain technology will bring more innovation and breakthroughs to the financial industry, contributing significantly to socio-economic development.

This patent authorization announcement once again confirms WeBank's leading position in fintech. This is not only recognition of WeBank's technological strength but also affirmation of its continuous innovative spirit. WeBank will continue to use technological innovation as its engine, driving high-quality development in the financial industry and contributing to the building of a better financial ecosystem. WeBank will continue to dedicate itself to researching and applying more advanced financial technologies, providing customers with superior financial services, and maintaining its leading position in a constantly changing market environment.

WeBank consistently prioritizes technological innovation, actively explores fintech applications, integrates them into daily operations, continuously improves service efficiency and security, creates better financial experiences for customers, and maintains a leading edge in industry competition. This reflects WeBank's long-term vision and continuous investment in technological innovation. In the future, WeBank will continue to leverage its strengths to lead the innovation and development of fintech.