A number of new projects in Fuzhou will use blockchain technology, including public credit information platforms, etc.

According to the news of Fuzhou News Network on April 14, the reporter learned from the Fuzhou Municipal People's Congress Standing Committee on the 13th that in response to the recommendations of the NPC deputies on promoting the application of blockchain technology and formulating relevant policies and regulations, the Municipal Big Data Development Management Committee said recently that Fuzhou actively promotes the application of blockchain to the ground, and blockchain technology will be used in a batch of new projects such as the dirt truck supervision platform. In addition, in strengthening the supervision of the blockchain industry, formulating and improving relevant policies and regulations, Fuzhou has established a leading group for blockchain development work. The municipal government has also strengthened the investigation and clearing of virtual currency trading venues and initial token issuance, coordinated that financial institutions and non-bank payment institutions shall not conduct business related to token issuance financing transactions, and strengthened risk prevention. The reporter also learned that the municipal government has planned to establish a blockchain supervision sandbox in Binhai New City to further strengthen the blockchain industry supervision research.