When the technological spark of blockchain meets the profound accumulation of the financial industry, it gives birth to new possibilities for connecting reality and the digital world. With the dual accumulation of over 10 years of blockchain technology research and development and more than 20 years of in-depth cultivation in the financial field, Sinchen Technology not only understands the code implementation on the blockchain but also grasps the compliance essence of finance. It holds great promise in the stablecoin track in the future. Sinchen Technology can provide an integrated solution for the entire process of stablecoin issuance, from planning to technical implementation.
〡Sinchen's Core Advantages Include:
A complete stablecoin issuance software solution is a complex, multi-level fintech system. It requires the combination of "blockchain technology" and "payment capabilities", and more importantly, it is a comprehensive integration that deeply merges the rigorous risk control and compliance requirements of traditional finance with the open and efficient characteristics of blockchain technology. The formula for the stablecoin software solution is: (Blockchain Core + Financial Gateway) × (Compliance Risk Control + Reserve Transparency + Secure O&M).
In terms of the contract standards, cross-chain capabilities, incentive optimization, on-chain data monitoring, compliance auditing, and other elements required for stablecoin issuance on the blockchain, Sinchen Technology has accumulated, verified, and improved relevant capabilities through the implementation of dozens of bank applications, and has obtained multiple copyrights and patents in terms of related functions and algorithms. It also has technical accumulation in public chain technologies such as the Ethereum network and Solana, and has relevant implementation cases on Ethereum.
Sinchen Technology has been deeply engaged in the field of cross-border payment and settlement for 25 years, providing long-term services to a number of large banks at home and abroad, and has accumulated extremely rich experience.
Cross-border payment and settlement is a professional field, covering cross-border RMB and foreign currency payments, as well as domestic foreign currency payments. It involves relevant payment channels including SWIFT, the People's Bank of China (domestic foreign currency, cross-border RMB, digital RMB currency bridge), overseas card organizations (MasterCard and VISA), various cross-border payment companies (Western Union, MoneyGram, Speed Remittance, etc.), and systems of various countries or regions (such as Hong Kong's RTGS and the Eurozone's SEPA). It also encompasses professional domain knowledge such as assisting banks in connecting to corresponding channels, message distribution and management, risk control and anti-money laundering, fund liquidation and fee settlement, inquiry and reply, and offsetting accounting.
As an emerging channel for cross-border payments, stablecoins enable Sinchen Technology to provide banks with the necessary blockchain infrastructure for stablecoins, and also support banks in integrating stablecoins into the cross-border payment and settlement system to achieve the integration of four currencies (foreign currency, RMB, digital RMB, and stablecoin).
In addition to its business in the Chinese mainland, Sinchen also actively participates in the construction of financial IT overseas and has long-term experience in providing services in Hong Kong, China. It connects to systems such as the Real-Time Gross Settlement (RTGS) system in Hong Kong, meeting the financial supervision requirements of the Hong Kong Monetary Authority (HKMA) and the Hong Kong Deposit Protection Board (HKDPB), as well as the requirements of the Hong Kong authorities regarding privacy protection and ESG (Environmental, Social, and Governance).
Founded in 1998, Sinchen Technology is a technology company that has focused on fintech since its establishment, mainly serving banks. It has more than 2,000 employees, with R&D and technical personnel accounting for 80%. It has obtained the international CMMI Level 5 certification for software capability maturity, as well as a series of management system certifications including ISO 9000 (quality management), ISO 20000 (IT service management), ISO 27001 (information security management), and ISO 22301 (business continuity management).
As one of the mainstream suppliers of cross-border payment and settlement and blockchain applications, Sinchen Technology has a team of over 300 professionals engaged in the R&D and implementation of cross-border payment and settlement, including more than 20 experts with over 20 years of experience in this field. It also has a team of more than 100 personnel dedicated to blockchain research, development, and application implementation, including over 10 experts with more than 10 years of experience in blockchain applications in the banking sector.
