Recently, jointly sponsored by the China Academy of Information and Communications Technology (hereinafter referred to as “CAICT”) and the China Banking Association, Joint Everbright Bank, Industrial and CPCI-AC-6U-500 Commercial Bank of China, Agricultural Bank of China Minsheng Bank, Shanghai Pudong Development Bank, Bank of Jiangsu, China Telecom, China Mobile, China Unicom, ZTE and other units jointly formulated the group standardization document “Integrated 5G and Internet of Things pledge management technical solution” (hereinafter referred to as the “technical solution standard”) was officially released. The technical solution standard is the industry’s first technical solution standardization document in the field of 5G+ Internet of things intelligent financial applications, which has important symbolic significance in promoting 5G+ Internet of things intelligent financial applications, CPCI-AC-6U-500 and represents the most cutting-edge research results of smart financial applications in the 5G era.

The technical scheme standards focus on bank limits risk control management application scenarios, for lending and credit before, the whole process of risk management after loan information asymmetry, early warning and regulatory lag, management cost is high, the integration of 5 g and the Internet of things scheme to realize real-time dynamic management of limits, in combination with other data input, can effectively improve Banks’ risk control management ability.

CPCI-AC-6U-500

In the next step, CAICT will continue to cooperate with the China Banking Association and other relevant institutions to continue to publicize and implement the technical scheme standards, including providing landing CPCI-AC-6U-500 training and planning consultation for banking institutions with application needs; Test and evaluate the function, performance and safety of relevant solutions to evaluate and promote construction; Model publicity and promotion of scenarios with better application results, give full play to the leading role of standards, and promote the ecological construction and industry development of 5G and Internet of Things financial application scenarios with standards.

As a core scientific research institution promoting the research of 5G and Internet of Things technology standards in China, CAICT also attaches great importance to the integration and application of related technologies and the financial industry. In recent years, CAICT has continued to carry out work at the level of application scenario research, standard formulation, technology research, demonstration and promotion, and has hosted three consecutive “Blooming Cup” 5G application Collection Contest Smart Finance special Competition. Released the “5G+ Finance” Application Development White Paper, the Financial field 5G Application Demand Research Report, the financial industry 5G CPCI-AC-6U-500 message Application Research Report “and other research results, and jointly with many units in the industry, initiated the establishment of 5G iot finance working group in the Financial Technology Standards Promotion Committee of China Communications Standardization Association (CCSA TC604). Promote the formulation of relevant standards.

Recently, the China ICT Institute, together with industry associations, financial institutions, technology enterprises and other forces, plans to jointly launch the “AIoT+ Finance” promotion plan, and host the first “AIoT+ Finance” Summit forum to further promote the exchange of smart Internet of Things financial industry. Accelerate the implementation of intelligent iot technology in collateral management, warehousing management, financial leasing, insurance pricing and other scenarios.