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China Blockchain Weekly Review
Summary: Tianjin explores the "management + promotion" model, focus on the development of digital economy industry with blockchain. The Third World Intelligence Congress was held in Tianjin, China recently. Li Xueyi, Secretary of the Hexi District Party Committee of Tianjin, said that during the World Intelligence Congress, the Cyberspace Administration of Tianjin China, the Hexi District ...
Tianjin explores the "management + promotion" model, focus on the development of digital economy industry with blockchain.
The Third World Intelligence Congress was held in Tianjin, China recently. Li Xueyi, Secretary of the Hexi District Party Committee of Tianjin, said that during the World Intelligence Congress, the Cyberspace Administration of Tianjin China, the Hexi District Government, and MCC Real Estate Group Co. Ltd signed a tripartite cooperation agreement to explore the 'industry management + industry promotion' model and construct the Tianjin Digital Economy Industrial Innovation Center. It focuses on the development of the Internet as the underlying technology, which focuses on artificial intelligence, big data, cloud computing, blockchain.
The Ministry of Industry and Information Technology: start promoting the research of blockchain-related industries and enhance the value of blockchain
Li Guanyu, the deputy director of The Ministry of Industry and Information Technology, said in 2019 Big-data EXPO, that the Ministry will work on promoting blockchain-related industry research, technology research and application promotion. By creating a good development environment to enhance the value of the blockchain, and promote the development of the blockchain industry.
Jiang Guofei, vice president of the Ant Financial Service: Although BTC will not disappear, but it will necessarily spread widely
According to the China Entrepreneur, Jian Guofei, the vice president of the Ant Financial and director of the Dharma Institute of Financial Technology, said that although BTC will not disappear, it will not necessarily spread widely. It will only exist as a scarce digital currency and will not involve in a large technology application. Bitcoin is only one application of blockchain technology, and its development does not represent the development of blockchain technology. Blockchain technology has strong vitality. With the ability of the industry, the blockchain technology will play a role in solving multi-party synergies and improving, the efficiency of data and value credibility.
Ping Ann’s White Paper on the Blockchain: Chinese blockchain market expenditure reached 160 million US dollars last year, it was the highest proportion of the finance industry
The Ping Ann’s White Paper on the Blockchain rebased on May. It says that China’s blockchain market expenditure reached 160 million US dollars in 2018, 108% increase compared with 2017. At the same time, more companies plan to increase the relevant budget in the future. As a result, China's blockchain market is expected to maintain rapid growth in the next three years. The market expenditure in 2022 is expected to reach US$1.67 billion. The annual average growth rate is 83.9% from 2017 to 2022. From industry’ perspective, finance, factoring, and retail has the most investment in the blockchain. These three industries have more than 75% expenditure of total markets’ expenditure. Among them, the financial industry has the largest amount and proportion in the blockchain market.
Shenzhen "Taxi Helper” allows the blockchain digital invoice
According to the Shenzhen Ministry of Transportation, the application “Taxi Helper” was launched on May 30. It provides the blockchain electronic invoices, service evaluation, lost and found and services. This is the first electronic invoice application platform for the taxi industry in China, and it’s the first research result of the application of the “blockchain invoice” ecosystem.
