Home Blockchain Chinese city seeks to power urban governance and more using blockchain tech

Chinese city seeks to power urban governance and more using blockchain tech



Authorities in Chengdu, China plan to adopt blockchain for several use cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture.

During the 2020 Chengdu Global Innovation and Entrepreneurship Fair, the city’s first International Blockchain Industry Expo, Lu Tiecheng, secretary of the Party Group of the Chengdu New Economy Committee, released the “Chengdu Blockchain Application Scenario Supply Action Plan.”

According to a local media outlet, Red Star News, this plan will allow blockchain adoption applications to be submitted by contributors in a variety of fields such as education, healthcare, financial services, and intellectual property. Authorities expect to form around “two to three” blockchain cluster development areas as part of this program over the next two years.

The plan also mentioned blockchain’s usefulness when it comes to legal compliance, stating that officials expect to strengthen data collection and to promote the “unified management, risk prevention, and control” of urban operations.

The secretary of the Party Group of the Chengdu New Economy Committee stated that blockchain could additionally be applied to the medical field. He suggested that distributed technology could be used for electronic medical records, electronic prescription circulation, material verification, vaccine traceability, and medical data sharing purposes.

During an interview with The Paper, Wu Zhongze, China’s former vice-minister for Science and Technology, stated that there was “not much difference between where China and leading economies such as the United States and Europe” stand in terms of developing blockchain-based ecosystems.



Read orginal here

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
472FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,554FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.20
GBP
1.33
CHF
1.10
NOK
0.11
JPY
0.01
CAD
0.77
AUD
0.74

Most Popular

Guggenheim Partners prepares to dip investment fund’s toes into Bitcoin

An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the...

ICON Monthly Grant Update — November 2020 | by ICON Foundation | Hello ICON World | Nov, 2020

Six New Grant Approvals and Migration to Contribution Proposal SystemGreetings ICONists,We are very pleased to approve another 6 grants in November capping off a...
bitcoin
Bitcoin (BTC) $ 18,107.05
ethereum
Ethereum (ETH) $ 550.73
ripple
XRP (XRP) $ 0.622193
tether
Tether (USDT) $ 0.999755
bitcoin-cash
Bitcoin Cash (BCH) $ 281.08
bitcoin-cash-sv
Bitcoin SV (BSV) $ 168.37
litecoin
Litecoin (LTC) $ 76.12
eos
EOS (EOS) $ 3.01
binancecoin
Binance Coin (BNB) $ 29.69
okb
OKB (OKB) $ 5.30
tezos
Tezos (XTZ) $ 2.37
leo-token
LEO Token (LEO) $ 1.34
cardano
Cardano (ADA) $ 0.160991
monero
Monero (XMR) $ 123.53
stellar
Stellar (XLM) $ 0.196068
chainlink
Chainlink (LINK) $ 13.23
huobi-token
Huobi Token (HT) $ 4.09
tron
TRON (TRX) $ 0.030980
usd-coin
USD Coin (USDC) $ 0.998359
dash
Dash (DASH) $ 106.99
neo
NEO (NEO) $ 17.52
iota
IOTA (MIOTA) $ 0.349096
nem
NEM (XEM) $ 0.178777
zcash
Zcash (ZEC) $ 74.64
maker
Maker (MKR) $ 537.61
paxos-standard
Paxos Standard (PAX) $ 0.999462
ethereum-classic
Ethereum Classic (ETC) $ 6.37
vechain
VeChain (VET) $ 0.015678
true-usd
TrueUSD (TUSD) $ 0.998048
ftx-token
FTX Token (FTT) $ 4.20
kucoin-shares
KuCoin Shares (KCS) $ 0.794662
waves
Waves (WAVES) $ 6.67