Core Insights - The launch of "Qin Data Insurance" in Shaanxi marks the first data element innovation insurance product in Northwest China, aimed at providing risk protection for data transactions [1][2] - The product is a collaboration between Qin Chuang Yuan Technology Innovation Investment Co., Ltd., China People's Property Insurance Co., Ltd. Xi'an Branch, and Shaanxi Silk Road Data Trading Center [1] - "Qin Data Insurance" addresses concerns of enterprises regarding data trading by offering a risk guarantee, thus transforming data from "sleeping assets" to "circulating resources" [1][2] Summary by Sections Product Overview - "Qin Data Insurance" includes four major insurance types: data asset registration insurance, network data damage liability insurance, comprehensive network security insurance, and data intellectual property insurance [1] - These insurance types are designed to cover core risks such as registration failures, data leaks, network attacks, and intellectual property disputes [1] Risk Management Framework - The product employs a dual-layer protection mechanism consisting of a foundational protection layer and an insurance safety net [2] - The foundational layer relies on the platform rules of Shaanxi Silk Road Data Trading Center and technologies like blockchain and computing networks to create a secure and compliant trading infrastructure [2] - The insurance safety net provides economic compensation and emergency response for incidents like data leaks and ownership disputes [2] Technological Integration - "Qin Data Insurance" represents a deep integration of technology and finance, supported by blockchain for traceability and verification throughout the data transaction process [2] - The initiative is part of a broader effort in Shaanxi to enhance the technology finance service system, which has already launched 89 technology finance products [2] - These products have met the funding needs of over 200 enterprises, resulting in loans totaling 118 million yuan, thereby promoting the development of regional technology enterprises and the digital economy [2]