Blockchain Microfinance Industry Alliance was established in Beijing, and the related industry has unlimited prospects

On July 20 , the Blockchain Microfinance Industry Alliance (hereinafter referred to as "Microchain Alliance"), an industry alliance that combines blockchain and microfinance , was officially established in Beijing. Guo Dagang, Secretary General of Beijing Online Lending Industry Association, and many alliance members attended the event. According to public information, Microchain Alliance is an integrated innovation alliance with blockchain microfinance as a platform and link . It was initiated and established by 20 financial service institutions and technology companies including Zhongwang Financial Services, Guojia Capital, Bubi, PDX Holographic Mutual Trust, Fuyou Group, Tongdun Technology, and 91 Credit .

Industry insiders believe that as the blockchain technology behind Bitcoin has been widely recognized around the world in the past year, various countries have also enacted legislation and supervision on Bitcoin, which has objectively popularized Bitcoin to a wider group of people and created a better social environment for the development of Bitcoin.