Foxconn, the world’s largest contract manufacturer of consumer electronics, works with thousands of component makers in its supply chain. Its unit has teamed up with Dianrong.com to provide financing using blockchain technology to its suppliers. Photo: SCMP/Nora Tam

Blockchain sharpens Dianrong’s edge in P2P lending to small businesses

Dianrong to expand Shenzhen team as its teams up with Foxconn on the Chained Finance blockchain platform that aims to revolutionise supply chain finance.

Topic |   Banking & Finance

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Foxconn, the world’s largest contract manufacturer of consumer electronics, works with thousands of component makers in its supply chain. Its unit has teamed up with Dianrong.com to provide financing using blockchain technology to its suppliers. Photo: SCMP/Nora Tam
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