China Launches Pilot of Blockchain Service Network, This Crypto Exchange Joins it

. Hangzhou, Zhejiang in China hosted the first Blockchain Service Network Partner Conference on December 1, 2019.

. They announced the launched of a Blockchain Service Network designed by the National Information Center (NIC).

. Leading cryptocurrency exchange, Huobi China, joins as one of the first members.

The NIC in China, along with the China UnionPay, China Mobile Communications Group Zhejiang Co., and Hangzhou Municipal People’s Government, hosted the first-ever Blockchain Service Conference.

At the conference, the pilot version of the blockchain network was launched.

China’s City Brain Platform

The network is formed to promote efficient, transparent, and credible government services. It will also form the basis of the public blockchain infrastructure that will include payments with the digital renminbi (Chinese Currency) in the future as well.

Reportedly, the project is kickstarting with three applications for the city’s brain city platform: “run once,” hotel disinfection supervision, and road health ecological detection.