ICBC is actively researching blockchain technology to support the development of the banking industry.

On July 10, People Daily Online reported an article titled “ICBC is Researching Blockchain Technology to Support Businesses.” According to the article, ICBC is requesting a new technology update on its blockchain platform. We have been focusing on blockchain technology research since 2015, and after years of hard work, we developed our own financial blockchain technology platform, ICBC Xi Chain, in 2018, and released the industry's first free blockchain app. banking by 2018. 2020 At the same time, blockchain applications directly against the problems of the existing industry have exploded. ICBC has developed a "China-Europe electronic link" through the blockchain border platform based on blockchain technology. At the same time, ICBC is actively developing blockchain applications in financial management.