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Huawei and Beijing are jointly developing a municipal blockchain directory

Huawei and the Beijing City Government have jointly developed a blockchain directory for the city government.

According to an official report released on August 24, the system, which is still being tested, will aims to improve government services and support the city’s business environment.

The interest in blockchain technology is part of Beijing’s research on smart city approaches to improving urban innovation and governance.

Huawei and Beijing are jointly developing a municipal blockchain directory
Huawei and Beijing are jointly developing a municipal blockchain directory

Other technologies that are being explored for smart infrastructures include 5G, artificial intelligence, and cloud computing.

Throughout 2019 Beijing and Huawei have jointly created a directory of the blockchain system to connect the city’s 50 urban departments and support the exchange and management of big data between departments.

System applications include Property management that enables efficient communication and feedback between citizens and the mayor’s office, roadside parking services, medical care, especially pandemic response services, and the provision of public services (water, gas and electricity).

The Beijing government says the common people are ready to become the direct beneficiaries of the new infrastructure.

Huawei’s role in the directory is to contribute its own Huawei cloud blockchain. The system supports data management and feedback in real time, rights management, data synchronization and release, authorized access management and traceability.

The use of blockchain technology will play a key role in integrating next-generation technologies into the strategic goals of urban modernization and digitized municipal services, the report concludes.

At the same time, China’s nationwide blockchain project, the Blockchain Service Network, is making rapid progress and is today confirming plans to integrate stablecoins as a means of payment for services into its corporate blockchain ecosystem.

The test run of the central bank’s upcoming digital currency is limited to small retail stores to this day, according to the latest reports.

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