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.
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.