Xu Bin from China Petroleum Circulation Association: Blockchain will highlight the potential and potential of the oil industry.

According to the International Trade Daily on July 28, Xu Bin, vice president of China Oil Circulation Association and president of Zhejiang Jindi Petrochemical Energy Co., Ltd., said that the current gold blockchain will represent a huge industry that does not has never been seen before. in the distribution of petroleum. It's okay. Market value and potential. Taking Sinochem Group as an example, we have completed the import of crude oil and the export trade of refined oil on the blockchain model. Compared with the traditional process, blockchain technology has been widely used for the oil and gas refining industry, which can simplify and extend the cross-border industry business chains in the traditional electrical and chemical industry, to improve and shrink the market. Increase business risk over time and reduce operating costs.