Mr. Ma Qianli, Vice President of Babbitt and CEO of Bystack: The government service chain will develop in two directions in the future.

On November 20th, the Hangzhou Municipal Data Resources Administration completed the construction and trial operation of the first government-based blockchain system in Hangzhou, the “government service chain”. The blockchain system is operated by the Hangzhou Municipal Data Resources Administration and is supported by Babbitt. Ma Qianli, vice president of Babbitt and CEO of Bystack, said that the government service chain will develop in two directions in the future:
First, expand more applications (DAPP) in the upper layer to build a more prosperous ecosystem.
Second, expand more nodes. On the basis of the Hangzhou Data Resources Administration, more local government departments will be introduced to make the underlying chain more robust.