Yibao Technology (Shenzhen) Awarded Patent for Multi-Chain Blockchain Transaction Processing, Further Validating its Technological Strength

Yibao Technology (Shenzhen) Awarded Patent for Multi-Chain Blockchain Transaction Processing, Further Validating its Technological StrengthOn January 25, 2025, the State Intellectual Property Office of China announced that Yibao Technology (Shenzhen) Intelligent Technology Co., Ltd

Yibao Technology (Shenzhen) Awarded Patent for Multi-Chain Blockchain Transaction Processing, Further Validating its Technological Strength

On January 25, 2025, the State Intellectual Property Office of China announced that Yibao Technology (Shenzhen) Intelligent Technology Co., Ltd. ("Yibao Technology") was granted a patent for "a method, device, equipment, and storage medium for blockchain transaction processing based on multiple chains" (Patent No. CN114255020B). The patent application was filed in December 2021. This patent further demonstrates Yibao Technology's innovative strength and technological accumulation in the blockchain field.

Established in 2017 and headquartered in Shenzhen, China, Yibao Technology primarily engages in internet and related services. Its strong financial backing is evident in its registered capital and paid-in capital, both amounting to RMB 120,000 million. This substantial funding provides a solid foundation for Yibao Technology's technological research and development and business expansion, enabling continuous investment in exploring and applying innovative technologies.

Beyond its core technological investments, Yibao Technology actively expands its business portfolio. Data from Tianyancha shows that Yibao Technology has invested in 5 companies, actively participating in market competition and expanding its business areas through strategic investments to discover new growth points. Furthermore, its participation in 395 bidding and tendering projects highlights its market activity and competitiveness, reflecting its industry influence and customer recognition.

Yibao Technology also boasts a considerable number of patents. Tianyancha data reveals that the company holds 4275 patent entries, a substantial patent portfolio that strongly proves its technical capabilities and provides a powerful technological safeguard for its future development. These patents span various technological fields, showcasing Yibao Technology's extensive layout and continued investment in R&D. This large number of patents indicates a significant and sustained commitment of resources and effort to technological innovation.

Furthermore, Yibao Technology holds 18 administrative licenses. This demonstrates its excellent compliance record, encompassing comprehensive qualifications and approval procedures, providing a solid legal guarantee for its healthy business development. Obtaining these administrative licenses requires considerable effort and time from the company, indirectly reflecting Yibao Technology's rigorous and stable management style.

This patent for "a method, device, equipment, and storage medium for blockchain transaction processing based on multiple chains" represents another significant breakthrough for Yibao Technology in blockchain technology. The application of multi-chain technology will further enhance transaction processing efficiency and security, bringing new possibilities to the fintech sector. This patent award not only signifies an improvement in Yibao Technology's own technical capabilities but also injects new vitality into the development of the entire fintech industry.

Analysis of Tianyancha data clearly showcases Yibao Technology's efforts and achievements in technological research and development, market expansion, and regulatory compliance. Its strong financial backing, continuous technological innovation, widespread market layout, and comprehensive compliance system collectively form Yibao Technology's strong competitive advantage. In the future, with technological advancements and market development, we can expect Yibao Technology to achieve greater breakthroughs in the fintech field and contribute more to industry development. The patent award is undoubtedly a significant milestone in Yibao Technology's development journey, signaling its continued leading position in the future fintech landscape. The application of this technology will bring a more efficient, secure, and transparent experience to financial transactions, further promoting the digital transformation and upgrading of the financial industry. Yibao Technology's continued innovation undoubtedly injects new momentum into the development of China's fintech industry. We believe that in future development, Yibao Technology will continue to leverage its technological advantages, provide better services to its customers, and make greater contributions to industry development. This patent award lays a solid foundation for Yibao Technology's future development.