Authorities in Chengdu, China plan to adopt blockchain for several use cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture.
According to a local media outlet, Red Star News, this plan will allow blockchain adoption applications to be submitted by contributors in a variety of fields such as education, healthcare, financial services, and intellectual property. Authorities expect to form around “two to three” blockchain cluster development areas as part of this program over the next two years.
The plan also mentioned blockchain’s usefulness when it comes to legal compliance, stating that officials expect to strengthen data collection and to promote the “unified management, risk prevention, and control” of urban operations.
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