Chinese Power Provider Deploys Blockchain Node in State Network

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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.

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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.

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The Chinese authorities have identified Bitcoin Trader as a key component for several sectors of the economy.

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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.