The Chinese county establishes the Blockchain company to develop the forestry industry


A county in the northern province of Sichuan, China, signed a strategic cooperation contract to create a new blockchain company in an attempt to develop the forestry industry, the local China Net news reported on August 24th.

The Beichuan Qiang Autonomous County of Sichuan Province and Beijing Sinfotek Group jointly established a new company, Hangzhou Yi Shu Blockchain Technology Co., Ltd for "Forestry economic development and alleviation of industrial poverty". The parties signed the cooperation agreement in Hangzhou, Zhejiang Province, on August 19, China Net reports.

Reportedly, the newly established company was one of the 19 blockchain companies to have passed the first batch of 700 project declarations in the Blockchain Industrial Park in Hangzhou. The company aims to apply blockchain technology to agricultural and agricultural industries. The report states:

"[The company’s strategy] will be closely integrated with the national development strategy and [will] will fully promote the application of blockchain technology to achieve the parallel development of the value of the enterprise and the forest industry. "

At the beginning of the month the Chinese Communist Party (CPC) had published a book on blockchain technology and its possible applications, as reported by Cointelegraph on 13 August.

Last week, one of the largest insurance groups in the world, China's Ping An Insurance, released a "White paper on Smart Cities," supporting the development of blockchain technology and "promoting the development of" smart city "." [19659007] window.fbAsyncInit = function () {FB.init ({appId: & # 39; 1922752334671725 & # 39 ;, xfbml: true, version: & # 39; v2.9 & # 39;}); FB.AppEvents.logPageView (); }; (function (d, s, id) {var js, fjs = d.getElementsByTagName (s) [0]; if (d.getElementById (id)) {return;} js = d.createElement (s); = id; js.src = ""; fjs.parentNode.insertBefore (js, fjs);} (document, & # 39; script & # 39 ;, & # 39; facebook-jssdk & # 39;)); [ad_2]Source link