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July 15, 2020

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JD Digits to aid of SMEs in cloud era

JD Digits is supporting small and medium-sized enterprises by providing them with free blockchain-enabled electronic contracts and helping them obtain more convenient financing services after the novel coronavirus epidemic.

As a major infrastructure in the digital economy era, blockchain technology has gradually become a key tool for the digital transformation of small businesses, which were hit hard by the COVID-19 crisis.

To optimize the business environment for SMEs, JD Digits has launched an inclusive, cloud-based signing plan, offering them free blockchain-underpinned electronic contracts.

The smart contract platform saves companies from making repeated communication of contract details, printing multiple copies of contracts, long period of application for stamping as well as multiple rounds of sending and receiving contracts.

Blockchain technology is used to record the whole process of electronic contract signing, such as user’s real-name authentication, digital certificate acquisition, data creation, signing and transmission, to ensure electronic contract reliability.


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