China Construction Bank (CCB) Secures Patent for "Consortium Blockchain and Layered Deployment Method," Deepening Fintech Applications

China Construction Bank (CCB) Secures Patent for "Consortium Blockchain and Layered Deployment Method," Deepening Fintech ApplicationsOn December 31, 2024, the State Intellectual Property Office of China announced that China Construction Bank Corporation (CCB) has been granted a patent for a "Consortium Blockchain and Layered Deployment Method," with authorization announcement number CN114584474B. The patent application was filed in March 2022

China Construction Bank (CCB) Secures Patent for "Consortium Blockchain and Layered Deployment Method," Deepening Fintech Applications

On December 31, 2024, the State Intellectual Property Office of China announced that China Construction Bank Corporation (CCB) has been granted a patent for a "Consortium Blockchain and Layered Deployment Method," with authorization announcement number CN114584474B. The patent application was filed in March 2022. This achievement marks a significant breakthrough for CCB in blockchain technology application, further solidifying its leading position in the fintech sector and providing strong impetus for its future development.

CCB, a major state-owned commercial bank primarily engaged in monetary financial services, was established in 2004 and is headquartered in Beijing. Its substantial capital strength provides a solid foundation for technological research and innovation. Public information shows that CCB's registered capital reaches RMB 25,001,097.7486 million, and its paid-in capital is RMB 19,423,025 million. This massive capital scale endows CCB with strong risk-bearing capacity, enabling continuous investment in technological R&D and innovation, and allowing it to continuously explore the latest technologies and applications in the fintech field.

Beyond its robust capital strength, CCB demonstrates strong comprehensive capabilities. According to Tianyancha big data analysis, CCB has invested in 47 companies, actively expanding its business scope and laying out the fintech industry chain. Simultaneously, CCB has participated in 5,000 bidding and tendering projects, showcasing its strong market competitiveness and project undertaking capabilities. CCB also excels in intellectual property, possessing 1,856 trademark registrations and 5,000 patent applications. These intellectual property rights are not only the results of CCB's technological innovation but also a crucial component of its core competitiveness. Furthermore, CCB holds 143 administrative licenses, indicating its high standards in compliant operations and ensuring the sustainable and healthy development of its business.

The acquisition of the "Consortium Blockchain and Layered Deployment Method" patent has profound implications for CCB's future development. Blockchain technology, as a novel distributed database technology, possesses characteristics such as security, transparency, and immutability, offering vast application prospects in the financial sector. This patent will help CCB further enhance the efficiency and security of its financial services, reduce operational costs, and provide customers with more secure and reliable financial services. The application of this patented technology can effectively address issues such as data security and information transparency in traditional financial systems, improving the efficiency and security of financial transactions and promoting the digital transformation of the financial industry.

The successful application of this patent also reflects CCB's continuous investment and efforts in technological innovation. CCB has always placed high importance on technological innovation, considering it a crucial strategic element for its development. In recent years, CCB has continuously increased its R&D investment, actively recruiting and cultivating high-tech talent, and intensifying its research and development efforts in emerging technologies such as blockchain technology. This has enabled CCB to maintain a leading position in the fintech field, laying a solid foundation for its continued growth.

As a major state-owned commercial bank, CCB's innovative development in the fintech field is not only significant for its own growth but also positively propels the development of the entire financial industry. CCB's successful experience provides valuable reference for other financial institutions and offers strong support for the digital transformation of China's financial industry. In the future, CCB will continue to embrace technological innovation, increase its R&D investment in emerging technologies like blockchain, continuously improve the efficiency and security of its financial services, provide customers with more high-quality and convenient financial services, and make even greater contributions to the healthy development of China's financial industry. The acquisition of this patent is undoubtedly a solid step forward on CCB's fintech journey, signifying its continued leadership in fintech development and its dedication to building a safer, more efficient, and convenient financial ecosystem. CCB will continue to be committed to fintech innovation, contributing to national economic development and social progress. Through continuous technological innovation, CCB will constantly enhance its core competitiveness, maintain its leading position in the fiercely competitive market, and provide customers with even better financial services.