• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Changelly
  • Price table

Crypto News PRO

From the world all news

  • Home
  • News

Huawei Builds Blockchain Platform to Help Beijing Government Manage People’s Data

Written by:
Aeon Flux
Published on:
25 August 2020
Thoughts:
No comments yet

Aug 24, 2020 at 17:13 UTCUpdated Aug 24, 2020 at 18:38 UTC

Shutterstock

(Shutterstock)

Chinese tech conglomerate Huawei has set up a blockchain-based platform for the Beijing government to better track and manage its citizens’ data in everything from medical records and property registration to real-time vehicle parking status.

  • Huawei’s cloud services branch has enabled the project with blockchain technology such as smart contract and distributed ledgers, according to a report by state media People’s Daily on Monday.
  • The Beijing government project is part of China’s “New Infrastructure Initiative” to transform digital governance with blockchain so data can be immutable and shared among different government agencies. 
  • The Beijing government project aims to leverage the blockchain platform to make data shareable among more than 50 agencies within the municipality.
  • The new platform will help the government monitor coronavirus cases, streamline the process for people to register their real estate and find parking spots for local citizens in real time. 
  • Huawei, as the poster child of Chinese tech, has met with heavy scrutiny and political resistance from the western world.
  • The U.S. has barred Huawei’s major semiconductor suppliers from selling chips to the company, while both the U.S. and U.K. have banned local telecom companies from using Huawei’s 5G devices and technology for national security reasons. 
  • The move also echoes the Chinese central government’s shift toward boosting domestic demand for emerging technology and services as techno-nationalism rises and the global market weakens.

Read more about…

ChinaHuaweiSurveillance

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Categories: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search in the news

Translate:

Earn up to 5% every 10 days with Aeon Flux Coins

Categories

  • Bitcoin (2,395)
  • Ethereum (1,612)
  • News (4,986)

Recent Posts

  • Exploring the Foundation of the Fantom Blockchain 30 April 2022
  • Interview with Oleg Kotliarov, CEO at Attarius Network 29 April 2022
  • Ragdoll Cat NFT Marketplace is Coming Soon with a New Token 29 April 2022
  • MRHB.Network’s SouqNFT Marketplace Hosts World’s First NFT-based Halal Certifications 29 April 2022
  • The Magnet of Play-to-Earn, And What Could Sink It 29 April 2022

Archives

  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

© 2015-2020 Crypto News PRO
All Rights Reserved. Powered by IWG Agenzia Web