Monthly News | May Blockchain Application Landing Projects China Ranks Global

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For example, the blockchain electronic depository platform launched by Minsheng Bank, which is open to the judicial authorities, can synchronize business data and digital fingerprints in real time, so that the judicial authorities can extract business data online as evidence in the event of legal disputes. The Home Mortgage Loan platform jointly issued by the Dubai Ministry of Lands and the United Arab Emirates Maerse Bank can be used as a repository for mortgage records to confirm that the mortgage is in compliance with the registration policy. The Xiong'an New District Management Committee also officially launched the Xiong'an Land Acquisition and Resettlement Fund Management Blockchain Platform to realize the whole process chain management of the original archives and fund-penetration allocation.

Traceability is the second largest blockchain application area after finance, and the fastest growing blockchain application in May. In May, there were 17 traceable projects for global disclosure, an increase of 54.5% from the previous month.

In May, the blockchain traceability has extended from the widely used fields of alcohol, tea, coffee, and cheese to precious watches, silk, and large grain commodities such as sorghum, soybeans, and corn.

For example, Vacheron Constantin recently introduced a new certification process for its Les Collectionneurs series of retro watches through blockchain technology to ensure its long-term transparent traceability; Zhongnong.com is the first in the country to apply blockchain technology to the silk industry to achieve the entire process. Traceable; and the Tamaulipas State Government of Mexico uses blockchain technology to track the traceability of large grain commodities such as sorghum, soybeans and corn.

China is still the most active promoter in the field of government applications. In May, domestic governments and relevant departments made rapid progress in promoting the application of blockchain government affairs.

For example, the “identity chain” management system launched by the Qingzhen Municipal Government of Guizhou Province will be listed on the “red and black” list of integrity after being registered and used by the villagers, and linked to the welfare of discount loans; the “commercial service block” on the line of Huangpu District, Guangzhou "Chain platform" is exploring the realization of commercial services for Hong Kong and Macao enterprises "not to enter the country, offshore processing"; while the Hangzhou Internet Court is in conjunction with the Shanghai No. 1 Intermediate People's Court and the Suzhou Intermediate People's Court, relying on its judicial blockchain platform. Building a judicial chain in the Yangtze River Delta.

In addition to finance, traceability and government affairs, a number of blockchain application projects have appeared in the fields of copyright, travel and energy in May.

For example, in terms of image copyright protection, China Photo Group and Xinhuanet jointly launched the Xinhua video chain; Alibaba's large entertainment uses blockchain technology for copyright registration and deposit. In terms of transportation, Shenzhen Transportation Bureau, Alipay, Hunan Express, etc. have successively used blockchain technology to solve problems such as electronic invoices, cross-city car scans, and high-speed toll payments.

Author: Mutual Research Institute · Liangshan pulse chain Huarong

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