Chinese Power Provider Deploys Blockchain Node in State Network

 

An energy supplier in China has successfully implemented its first blockchain node. This node was activated through the government-backed network, the State Grid Corporation of China.

According to The Paper, Gansu province becomes the second provincial power company outside the State Grid Ningxia Power Company to connect to the state utility platform Energy Zone Blockchain.

The deployment of the blockchain node in the province is part of the Party Central Committee’s initiative to strengthen research and application of blockchain technology.

China recognizes Blockchain in its pandemic preparedness strategy

Providing equity and transparency
The announcement says the next step is to continue exploring the local application of blockchain technology throughout the province. The region hopes to strengthen the energy and power fields to promote new blockchain applications.

China gets its first public resource bidding platform based on blockchain
Strengthening the adoption of blockchain
The Chinese authorities have identified Bitcoin Trader as a key component for several sectors of the economy.

A court in China implements blockchain technology to record hearings
Cointelegraph reported that the National Health Commission’s Chinese Circular plans to increase information technology support in preparation for future pandemics.

On June 26, Kunming City, Yunnan Province, completed the development and internal testing of the country’s first blockchain-based public resource bidding platform.