JD Launches JD Blockchain Open Platform

JD.com just launched its own blockchain open platform that will allow enterprise customers to build blockchain solutions using JD Blockchain Open Platform for more secure, transparent and convenient operations management. The platform has built in support of several functionality including tracking and tracing the movement of goods and charity donations, authenticity certification, property assessment, transaction settlements, digital copyrights, and enhance productivity.

JD’s blockchain platform that supports One-Click Deployment is a Retail as a Service (RaaS) platform. Customers can use all of its retail blockchain offerings by simply using simple operations and deploy solutions in JD’s clouds.

From the blog post:

JD Blockchain Open Platform, a BaaS platform, houses an application store that provides multiple blockchain bottom layers, tools and software that are developed in-house and by Independent Software Vendors (ISV). JD implements stringent quality control over the offerings on the app store, enabling users to safely and conveniently customize their applications to suit their business needs. The company will continuously enrich its application offerings by introducing more ISV and creating a robust ISV community on the platform.

The first JD partner to use JD Blockchain Open Platform is China Pacific Insurance Company (CPIC), which used the platform to deploy a traceable system for e-invoices, or “fapiao,” the official receipts required in China for business. The system strengthens the security governance of e-invoices by applying unique blockchain IDs to each document, increasing efficiency and streamlining the accounting process.

“JD Blockchain Open Platform is a culmination of the expertise and experience in blockchain technology that we initially developed for our own operations, to provide more visibility to consumers,” said Jian Pei, head of big data and smart supply chain at JD.com. “As we continue to open our technology and infrastructure up to other companies, we are pleased to have CIPC as our first blockchain platform customer.”

“JD is an innovator in its field and we are confident its blockchain e-invoice system will create greater efficiency in our operations,” said Yanhong Pan, vice president and CFO of CPIC. “Blockchain technology is transforming the way companies do business, and we are pleased to have found a great partner in JD to guide and help us along the way.”