Chinese banks are looking for blockchain experts to fight fraud. According to the article, the demand from Chinese banks for experiences in blockchain more than doubled last year and will grow further in this year. Since Fintech becomes increasingly significant in financial field, the demand for blockchain will even increase in the future and there is no sign of slowing.
I think it is a really good trend for Chinese banks. As I know, the way the banks store documents are still in paper, which is not transparent and safe enough. Therefore, if Chinese banks start to use blockchain, a ledger system that processes, stores and tracks digital information, from crypto-currencies to loan agreements, then all data and information can be stored into the single system. By doing so, the system can document all changes and would be harder to tamper with, which make transactions more transparent, audible, and secure. In addition, blockchain system can also help banks to avoid fraud cases such as fake trade finance deals. Although blockchain solution is very nice for banks, being able to integrate that back into the existing systems in a sensible way is still a challenge to banks. Blockchain is too complex for Chinese banks to apply to the system successfully.
http://venturebeat.com/2017/01/26/chinese-banks-are-using-blockchain-to-fight-fraud/