• Wed, 20 Mar 2019, 03:41 AM
  • All times are UTC
  • Edition:
Link copied

JD.com establishes institute to build smart cities using AI and blockchain

Mon, 01 Oct 2018, 02:35 am UTC

JD Finance, the finance affiliate of JD.com, has set up the Smart City Research Institute at its headquarters in Nanjing, CoinTelegraph reported referring to a report from People’s Daily.

It is the first regional headquarter and R&D center of JD.com in the country. The new institute will focus on facilitating the development of “smart city” by leveraging advanced technologies including artificial intelligence (AI), big data, and blockchain technologies.

The institute will aim to enhance efficiency and reduce industry costs with primary focus on “the entire East China region”.

The company’s priorities include developing “Advanced Intelligent solutions in the areas of urban environment, transportation, planning, energy consumption, commerce, security, healthcare, credit cities and e-government.”

In August, JD.com launched “JD Blockchain Open Platform” – a new blockchain platform that will cater to enterprise customers. The company also introduced a blockchain-based traceability platform last year that enables customers to track and trace products and food along the supply chain.

JD Finance, which offers consumer credit and wealth management products, raised $1.9 billion in July from a number of Chinese financial giants including CICC Capital, brokerage China Securities, private equity firm Citic Capital and BOCGI, Reuters reported. It is reportedly planning to seek a domestic initial public offering.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
  • Bitcoin (BTC) $4,033.31 (-0.21%)
  • Ethereum (ETH) $138.91 (-0.71%)
  • XRP (XRP) $0.315800 (-0.55%)
  • Litecoin (LTC) $59.45 (-1.68%)
  • EOS (EOS) $3.73 (-0.52%)
  • Bitcoin (BTC) $4,033.31 (-0.21%)
Mar 19, 2019 (Tuesday)
Crypto wallet Ledger Nano S receives CSPN certification from French cybersecurity agency
CoinMarketCap adds Flipside’s Fundamental Crypto Asset Score to its platform
Crypto exchange Bithumb plans to lay off 50 pct of employees
Japan to implement new rules for cryptocurrency margin trading
U.S. National Pork Board partners with ripe.io to pilot blockchain technology
IBM seeks to transform cross-border payments with Blockchain World Wire
Sri Lanka-based Hatton National Bank partners with Infosys Finacle to pilot blockchain-based trade finance network
Blockchain information platform CoinNess closes Series A funding
Samsung SDS unveils ‘Deliver’ – a platform connecting different blockchain platforms
Mar 18, 2019 (Monday)
German crypto startup Donut secures $1.8M in seed round
Italian asset management firm AcomeA trials blockchain technology for distribution of funds
American Bar Association publishes white paper on cryptocurrencies and digitized assets
XRP, Ether, TRON and others among 58 cryptocurrencies included in ICE’s data feed
South Korean government seeks 30 people for Blockchain National Participation Evaluation Team
Former Mozilla executive joins Stellar Development Foundation as Executive Director and CEO
Blockchain Life 2019 comes to Singapore for its third international edition
Australian government to develop national blockchain strategy
U.S. SEC to host DLT and digital asset-focused public forum in May
Canadian regulators seek to introduce regulatory framework for crypto-asset trading platforms
Mar 15, 2019 (Friday)
Crypto investment firm Paradigm leads Tendermint’s $9M Series A round
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.