Is China using blockchain

1.

According to the 2018 white paper on China's blockchain Instry issued by the information center of the Ministry of instry and information technology of China on the 20th, China's blockchain instry is in a stage of rapid development, and the instrial chain has been initially formed

according to the distribution of blockchain instry segments, as of the end of March 2018, the number of instry application service companies in the blockchain instry was the largest, including 86 companies mainly providing application services for the financial instry and 109 companies mainly providing application services for the real instry. In addition, there are more than 40 related companies in blockchain solutions, underlying platforms, blockchain media and communities

content source: phoenix.com

2.

Vpay, full name is visual payments, Chinese means virtual payment. It was first established in the United States as a platform for digital currency trading, such as bitcoin, quark coin, Leyte coin, etc

vpay is a payment platform for the circulation of digital currency, which was created by Mark & Chen 9642, a former technology executive of Google; Created by Milo. Vpay is a platform without borders, digital trading platform, international shopping mall platform, like Alipay and WeChat. The difference is that Vpay is developed by the most popular block chain technology in the financial circle since 2017. It can achieve cross border transfer without any spot, and there is no fee. p>

extended data

digital currency is short for digiccy, which is the abbreviation of "digital currency" in English, and is the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form

3. Since last year's speech, the development of China, especially blockchain + government affairs, has been particularly rapid. I believe that through the development of blockchain + government affairs to promote the popularity of blockchain, all kinds of fields are linked with blockchain and have practical application landing. At the same time, when there are practical social benefits, it means that China has entered the era of blockchain 3.0. Many blockchain + government applications in China, such as Changsha's SMIC blockchain public service platform, are actually the first blockchain 3.0 era to lead Changsha into. I believe there will be better and wider promotion in the future.

4. 994002 is the code of a plate, namely "blockchain plate", with a total of more than 160 stocks
there are stocks in Shanghai Stock Exchange, such as zhe.com, xinhuanet.com and yijian.com.

there are also stocks in Shenzhen Stock Exchange, such as hengbao.com, radio and television express and Sifang jingchuang.com

5. 1. Weizhong bank uses blockchain technology for loan clearing
Weizhong bank and Shanghai Huarui bank have put into trial operation the inter-bank joint loan clearing platform based on alliance blockchain technology, which is used to optimize the settlement and clearing of "micro loan" joint loans of the two banks. With the introction of the blockchain system, all the information is recorded on the blockchain network, which can not be tampered with. The transaction process is cleared at the same time, realizing real-time clearing, saving a lot of manpower and material resources. This is the practical application of "alliance chain"<

2. China UnionPay uses blockchain technology to realize inter-bank points exchange
China UnionPay and IBM try out a shared points system based on blockchain technology. Using this blockchain system allows users to exchange bonus points across banks and platforms. In other words, the bonus points of one bank can be exchanged for bonus points of other banks, or even multiple airline mileage and supermarket awards. It greatly improves the use efficiency of bank points<
3. Toyota uses blockchain technology to track auto parts
Toyota joins the R3 alliance, and stores the proction, processing and usage of each part in the blockchain through blockchain technology, so that when there is a problem with auto parts, it can easily and quickly find the source of the parts
4. The central bank's blockchain digital bill trading platform
the test of the blockchain based digital bill trading platform promoted by the central bank is successful. The introction of digital currency for settlement can realize the synchronous transfer of capital flow and information flow of digital bill transaction, so as to realize DVP bill settlement. At the same time, the blockchain digital identity solution solves the problem of repeated KYC authentication between different financial institutions
5. Ant financial services blockchain application
ant financial services blockchain technology tests water insurance, and helps Xinmei mutual insurance company to launch the first love rescue account in domestic insurance instry. Blockchain technology makes every fund flow open and transparent, every fund flow data can not be usurped, and the whereabouts and uses of every fund can be traced. Ant blockchain is used in food safety traceability and commodity traceability

Author: blockchain development company
link: https://www.jianshu.com/p/5ff8437bd58b
source: Jianshu
the right belongs to the author. For commercial reprint, please contact the author for authorization. For non-commercial reprint, please indicate the source.

6. Blockchain is now available in China. You can click the link to view it. Currently, there are digital currencies for payment methods, voting, military, financial and other fields. Perhaps what you are most familiar with is digital currency. Now there are many companies related to this kind in China, such as Juli technology, bitcoin, lightcoin, Ethereum, etc., all of which are procts in the field of blockchain.

7. Blockchain should be popular in China. I have also heard Zhai Shanying talk about blockchain technology. Blockchain can be said to be a comprehensive technology. Take the phenomenon of people touching porcelain for example, blockchain technology is to let everyone in the world understand the experience of touching porcelain. The emergence of a technology, there should be pros and cons, so do not blind everything, the market will give us the answer.