Komal Joshi · Oct 21, 2020 . 6min read
Huawei Joins Hands with Beijing Government to Launch Blockchain-based Directory
Huawei has associated with the Beijing to develop a new, blockchain-powered public directory, Middle Kingdom’s first pilot project.
By Komal Joshi · Aug 25, 2020 . 6min read
Huawei has partnered with the Beijing government to develop a new, blockchain-powered public directory, according to Jintai News. The tech giant will initially work on a pilot platform with the Beijing government. The parties state that the project will be the Middle Kingdom’s first domestic pilot project. It will implement blockchain technology for data exchange and governance.
The project’s experts state that it will discuss general pain points. The pain points include poor inter-departmental cooperation and communication, speeding up business in the capital, and cutting down on inefficiency. The blockchain-based public directory additionally brings together legacy systems, which are often completely separate and not interoperable between government departments.
The Blockchain Directory to Help Citizens with Real Estate and City Government Rulings
The operators that maintain the platform will enable citizens to process real estate registration applications in a short period. It will clamp down the current five-day-long processes. Additionally, it will also reduce paperwork for city government staff.
The platform will help them direct complaints and appeal city government rulings in real-time, rather than creating up administrative backlogs. This will further boost transparency and efficiency, with all records publically accessible on the blockchain platform.
The platform will approach parking and road use issues. It will allow electronic billing, blockchain-powered parking fee payments, and parking space allocation. Additionally, the pilot will concentrate on healthcare-related matters. It will mainly target the fields of epidemic restraint and treatment. According to the media outlet, the platform will also provide residents and community members to check on water, gas, and electricity data to “identify risks in advance” and make smart decisions about their lifestyles.
Summing it up Huawei’s blockchain-based directory can predict trends of epidemics in advance, utilizing data from each hospital in the city to coordinate medical responses. In the wake of Covid-19 pandemic, the platform will help in transferring the data for medical responses. It will also ease city government rulings and make real estate registration easier.
China is actively involved in capturing the Blockchain space by mass adoption. Earlier we reported on how China is all set to launch its Blockchain Services Network internationally. Furthermore, China also witnessed the outflow of $50 Billion worth crypto assets in a year. About more than 10,000 new Blockchain firms incepted in China. With the recent events, China advocates its supremacy in gaining majority market share of the Blockchain and Crypto Industry.
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