Beijing is coming up with a new system based on Blockchain technology and wants to solve government data sharing issues.
The Beijing city government announces that this is the first domestic attempt to manage government data running on blockchain. The main impulse was problems with data sharing, coordination and also poorly functioning applications in different departments. Beijing has chosen for this step Huawei Cloud, which operates Blockchain Service (BCS), a highly available and secure application management platform with excellent performance and cost-effectiveness.
The main goals include increasing the level of government services and better functioning of the business environment. For example, if the property registration used to take 5 days, now is the whole process completed immediately.
Capital city of China is also called a pioneer in the field of urban innovation development, as it has long since changed the urban structure into a digital and smart place.
Read also: China has more than 84K Blockchain companies and number is still growing
Follow our social media and get news on time
