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Authorities in Chengdu, China plan to adopt blockchain for multiple use cases across the city, including urban governance, cross-border trade, smart manufacturing and agriculture.
During the Chengdu Global Innovation and Entrepreneurship Fair 2020, the city’s first international blockchain industry fair, Lu Tiecheng, party group secretary of the Chengdu New Economy Committee, released the “Action Plan for the provision of application scenario of the Chengdu blockchain “.
According to a local media outlet, Red Star News, this plan will make it possible to submit blockchain adoption applications from collaborators in a variety of fields such as education, healthcare, financial services, and intellectual property. Authorities plan to form approximately “two or three” blockchain cluster development areas as part of this program over the next two years.
The plan also mentioned the usefulness of blockchain when it comes to legal compliance, saying officials expect it to strengthen data collection and promote “unified management, risk prevention and control” of urban operations.
The party group secretary of the Chengdu New Economy Committee said that blockchain could also be applied to the medical field. He suggested that the distributed technology could be used for electronic health records, circulation of e-prescriptions, material verification, vaccine traceability and medical data sharing.
During an interview with The Paper, Wu Zhongze, former Chinese vice-minister for science and technology, said that “there was not much difference between China’s position and major economies such as the United States and Europe. “in terms of development based on blockchain ecosystems.
