Future FinTech (FTFT), a leading blockchain eCommerce company and a financial technology service provider, has announced that its wholly-owned subsidiary, Future Commercial Group, has begun cooperating with the School of Economics and Finance at Xi’an Jiaotong University to establish a blockchain finance research institute.
Future Fintech and the School of Economics and Finance of Xi’an Jiaotong University will cooperate to jointly establish the blockchain finance institute, which will carry out research and cooperation on blockchain technology in the financial industry.
The two parties will focus on the research of blockchain technology in banking, insurance, securities, futures, supply chain finance, digital payments, and more.
FTFT will provide funding for scientific research, while Xi’an Jiaotong University will provide scientific and engineering research personnel. Relevant research results will be shared by both parties.
According to Future FinTech CEO Shanchun Huang, “Xi’an Jiaotong University is a key national university with… leading scientific output, especially in mathematics, finance and computing. Our company will work with Xi’an Jiaotong University to explore more applications in the financial blockchain field, and to further promote [our] company’s research and development to the world’s leading level.”
“The blockchain finance research institute will be an open platform where both parties can actively carry out research and experiments for blockchain-related applications,” added Fuyou Li, professor of financial systems and economic policy at Xi’an Jiaotong University.