Ant Group and Luzhou Laojiao have reached a strategic cooperation to promote the upgrading of digital RMB payment in the industry chain

According to news from this site on August 30, according to "Ant Chain" news, on August 29, Luzhou Laojiao Group and Ant Group signed a strategic cooperation agreement in Hangzhou. The two parties will focus on industrial digital finance, digital marketing, Conduct in-depth cooperation in the areas of Yuanverse innovation, terminal sales insights, and green and low-carbon public welfare.

According to the agreement, Luzhou Laojiao will use Ant Chain’s smart contracts, cross-chain and other technologies to use digital RMB payments and trade data "On-chain" and other methods help upstream and downstream industry chains improve their digital transaction capabilities, allowing them to obtain financial services more conveniently and at low cost.

It is worth mentioning that a recent Japanese website reported that

Moutai Group and Huawei signed a deepening strategic cooperation agreement at the Moutai International Hotel. The two parties will explore ways to deepen the "Smart Moutai" project. Pragmatic cooperation in innovative applications of industrial Internet and modern management construction in the liquor industry.

Although Maotai and Luzhou Laojiao are different types of liquor, with Maotai being the sauce-flavor type and Luzhou Laojiao being the strong-flavor type, they are not completely competitive. However, liquor companies are all transforming to modern technological production and sales, which is their common goal

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