hairman of APIB (the parent company of AsiaDB), Mr Liu Xuming signed MoU with the Dean of Nanjing Digital Finance Industry Research Institute, Mr Jiang Guoqing; Chairman of Bank of Jiangsu; and Chief Representative of Ripple in China country office, Mr Li Yuan. The four parties will work together to promote the construction and application of cross-border payment innovation channels based on blockchain, and on this basis, promote the deepening use of more financial products such as the conversion of RMB and small currencies.