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The China Securities Regulatory Commission released 8 financial industry standards including the Regional Equity Market Blockchain General Infrastructure Communication Guide.
The China Securities Regulatory Commission has issued eight financial industry standards, including the 'Regional Equity Market Blockchain Universal Infrastructure Communication Guide.' The financial industry standard of the 'Regional Equity Market Blockchain Universal Infrastructure Communication Guide' provides communication guidelines between the general financial infrastructure based on the 'Regulatory Chain-Local Business Chain' dual-layer architecture and the existing systems of regional equity markets. It clarifies the systems, main data objects, business scenarios, and operation instructions involved in six communication protocols, including user registration protocol, asset registration protocol, fund mapping protocol, asset mapping protocol, transfer management protocol, and Settlement management protocol. The formulation and implementation of the standards are conducive to fully leveraging the dual-layer blockchain architecture of the 'Regulatory Chain-Local Business Chain' to support existing business systems and promote the transformation and docking of existing business systems.