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They will launch a Public Blockchain to establish business standards, reach consensus on the books, deploy business contracts, implement liquidation and settlement services, and so on, for a variety of distributed financial business. They will begin with credit business on “Distributed Credit Chain”, refracting the business ecology of traditional credit through the lens of decentralized thinking and distributed technology. In the following section, they are going to specifically describe changes in the area of credit that will be brought by the distributed bank.
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