UnionPay JinKa Technology secures patent for offline digital currency dual-offline transaction, driving innovation in offline payments

UnionPay JinKa Technology secures patent for offline digital currency dual-offline transaction, driving innovation in offline paymentsOn February 26, 2025, the State Intellectual Property Office of China announced that Beijing UnionPay JinKa Technology Co., Ltd

UnionPay JinKa Technology secures patent for offline digital currency dual-offline transaction, driving innovation in offline payments

On February 26, 2025, the State Intellectual Property Office of China announced that Beijing UnionPay JinKa Technology Co., Ltd. (UnionPay JinKa Technology) was granted a patent for a "Digital Currency Dual-Offline Transaction Method Based on Secure Enclave and Trusted Execution Environment," with authorization announcement number CN114841684B. The patent application was filed in March 2022, marking a significant breakthrough for UnionPay JinKa Technology in the offline digital currency payment field. This technological advancement is expected to significantly improve the security and convenience of digital currency transactions in offline environments, further promoting the popularization and application of digital RMB.

Established in 2001, Beijing UnionPay JinKa Technology Co., Ltd. is headquartered in Beijing with registered and paid-in capital of RMB 500 million. The company primarily engages in technology promotion and application services and boasts extensive experience and strong capabilities in the fintech sector. According to Tianyancha data, the company is actively involved in technological innovation and market expansion. It has invested in two companies, actively participates in market competition, and has participated in 567 bidding projects, demonstrating its strong market competitiveness and project development capabilities. This underscores the company's industry influence and competitive advantage, providing a solid market foundation for its technological innovation.

Beyond market competition, UnionPay JinKa Technology actively develops its intellectual property portfolio, accumulating substantial intellectual property assets that support its continued growth. Tianyancha data reveals that the company holds 13 trademark registrations and 82 patent applications, reflecting its emphasis on technological innovation and brand protection. These intellectual property assets are not only a crucial component of the company's core competitiveness but also lay a solid foundation for its future technological development and market expansion. These 82 patents encompass innovative achievements across multiple technological fields, showcasing its investment and strength in R&D.

Furthermore, the company holds 18 administrative licenses, demonstrating its outstanding performance in compliant operations and qualification certifications, ensuring the legality and stability of its business. These licenses span various fields, further safeguarding the legality and stability of its operations and providing favorable policy support for its future development. The acquisition of these licenses reflects government recognition of the company's qualifications and provides important policy support for its future development.

The recently awarded patent for the "Digital Currency Dual-Offline Transaction Method Based on Secure Enclave and Trusted Execution Environment" is another major achievement for UnionPay JinKa Technology in the digital currency field. The core of this patented technology lies in leveraging secure enclaves and trusted execution environments to guarantee the security of digital currency transactions offline, effectively addressing the security risks and technical challenges inherent in offline digital currency transactions. This is of significant importance for promoting the popularization and application of digital RMB, particularly in enhancing the convenience and security of offline payments.

This technological breakthrough will facilitate the application of digital currency in a wider range of scenarios, enabling secure digital currency transactions even in areas with unstable or no network connectivity. This will be particularly beneficial for individuals in remote areas or under specific circumstances. The technology not only enhances user experience but also effectively reduces transaction risks, thereby promoting the popularization and application of digital currency payments.

In conclusion, the digital currency dual-offline transaction patent awarded to Beijing UnionPay JinKa Technology Co., Ltd. reflects its continuous innovation and technological accumulation in the fintech sector. This is not only a significant milestone in the company's development but also contributes positively to promoting the popularization and application of digital RMB and improving the level of digital economic development. The company is expected to continue its deep cultivation in the fintech sector, contributing more to the development of China's digital economy. Its intellectual property accumulation provides a solid foundation for its future development. Its active participation in market competition and continuous innovation deserve industry-wide learning and emulation.