China reveals 144 blockchain public services and their prospects for 2022

in LeoFinance4 years ago

China reveals 144 blockchain public services and their prospects for 2022

The Chinese government is undoubtedly at the forefront in terms of adopting blockchain technologies, and not only because of the official cryptocurrency that has grabbed the headlines, but also because of the massive implementation of blockchain solutions to increase the efficiency of public administration.
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Recently, the Beijing government published the "Blue Book of Innovation in Blockchain Application in Government Services". The update of this document is of special interest to the ecosystem as it not only shares the Asian Giant's future prospects for becoming a kind of Massive Blockchain Systems Center but also develops at least 12 real use cases that are benefiting the Chinese government at the moment.

Blockchain Yes, Bitcoin No

China has had a strange relationship with the world of cryptocurrency and blockchain technologies. However, the situation changed after a speech by President Xi Jinping in which he echoed the merits and benefits of decentralized technologies, urging government agencies to explore their application.

From that moment on, China has been the most emblematic face of the "Blockchain yes, cryptocurrencies no" position within any government. The technology has been included in their curricula, official professions, and computer platforms while mining and the use of cryptocurrency does not have the same government impetus.

China shows several cases of the real use of the Blockchain

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The 145-page document could be a reference for researchers around the world as it is an example of the successful application of this type of technology. Among the most emblematic solutions are

  • An International Airport Logistics Platform with Blockchain technology developed by the Municipal Trade Office. On the same site is a platform developed to improve the processes of customs procedures in the Beijing-Tianjin-Hebei circuit.
    Thanks to these platforms, the information (which involves from customs processes, ports, trade, taxes, parks, loading stations, and other units to improve the efficiency of cross-border trade) would be shared in a joint and verifiable way among multiple organizations, reducing bureaucratic procedures and the possibility of human errors
  • A blockchain-based Enterprise Electronic Identity Information and Authentication System, developed by the Beijing government, mainly to keep statistical and demographic control, preventing document forgery.
  • A Financial Services Platform based on blockchain implemented by the Haidian district to reduce bureaucracy when serving small and medium enterprises, reducing the data required from interested parties by 80% and increasing the speed of resolution of procedures by approximately 40%.
  • A blockchain platform developed by the Beijing Municipal Finance Bureau to control the issuance of electronic invoices in medical service providers and donations.
  • A blockchain system for issuing permits and licenses developed by the Beijing Municipal Services Administration Bureau. It has already saved up to 100,000 unnecessary copies and handles about 253 different issues, reducing bureaucracy and facilitating public management.

The Chinese government is not happy with the excellent results obtained so far, and those responsible for the government's development plan know that the blockchain could be a fundamental tool for obtaining very positive results in public management. The "Blue Book" is not conservative at all and clearly shows the Chinese government's ambitious prospects for increasing its influence through the blockchain is at least one year:

"By 2022, Beijing will become an influential center of technological innovation in the blockchain field, a demonstration center for applications, an industrial development center and a center for innovative talent, taking the lead in the formation of the 'Beijing Plan' for economic and social development of blockchains"

Posted Using LeoFinance