Copy link
Increase text size
Decrease text size
Link copied

China’s Anhui province to implement blockchain technology in government service centers

Thu, 09 Jan 2020, 09:55 am UTC

The government of Anhui, a province in eastern China, has announced its plan to implement blockchain technology across governmental service centers, The Block reported citing local news sources.

On Jan. 01, the government published a document on the Measures of Anhui Province for Implementing the Regulations on the Optimization of the Business Environment. As part of the plan, government service centers across all levels in Anhui will adopt cutting-edge technologies such as blockchain and artificial intelligence to make their services available 24/7.

The primary objective is to accelerate the promotion of Anhui’s online government service platform. The plan is intended to digitize the province’s governance infrastructure and streamline the process involving the collection and sharing of government data and resources.

New guideline for Yangtze River Delta Economic Zone

Anhui is part of the “Yangtze River Delta Economic Zone,” which also includes Shanghai, Jiangsu, and Zhejiang.

Following the blockchain push spurred by the technology’s endorsement by Chinese President Xi Jinping, the central government published a new guideline last month particularly for this zone to prioritize the development of emerging technologies including blockchain. The guideline said that the region’s contribution to national research spending in these areas should be over 3% and 65% of overall technological progress by 2025.

Just recently, Anhui’s Securities Regulatory Commission has launched a campaign to protect investors from financial scams, including those involving blockchain technology and cryptocurrencies such as bitcoin.

Growing blockchain adoption in China

Back in Oct. 2018, a blockchain pilot zone was launched in Hainan province in order to attract blockchain talent and explore blockchain potential in areas such as cross-border trade and financial inclusion. Hainan has also announced a special fund of 1 billion yuan to support blockchain companies.

Last April, China opened its first blockchain-based notary office in Beijing, which would enable certificate holders to verify the contents of the document by scanning a code. In addition, the State Administration of Foreign Exchange has expanded its blockchain-based cross-border financing pilot program to 19 provinces.

Meanwhile, the Blockchain Service Network (BSN) – a national blockchain service infrastructure platform planned by the State Information Center (SIC) is slated to launch in April this year.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $6,369.91 (-1.39%)
  • Ethereum (ETH) $133.09 (+0.32%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $217.92 (-1.10%)
  • Bitcoin SV (BSV) $163.92 (-1.43%)
  • Bitcoin (BTC) $6,369.91 (-1.39%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft