What can the blockchain industry sandbox be used for (What can the blockchain industry sandbox be used for)?
What can the blockchain industry sandbox be used for? The application of blockch
What can the blockchain industry sandbox be used for? The application of blockchain technology in the physical economy can solve many practical problems. For example, financial institutions, internet companies, etc., can take advantage of this opportunity to launch their own enterprise-level blockchain products or solutions for implementation. At the same time, they can also provide corresponding consulting services and incubation funds to support the growth and development of project parties, so that these entrepreneurs can receive support and assistance from various aspects.
Therefore, there are currently two main options for exploring this field in China: the first is to promote the overall development of the industry through innovative applications of blockchain technology, for example, the development of new business models represented by artificial intelligence will become the mainstream model of traditional industries; the second is to use alliance chains to achieve business related to the supply chain, such as traceability and asset registration in supply chain management, which will greatly reduce enterprise operating costs and business risks; the third is the promotion of applications based on blockchain technology.
What can the blockchain industry sandbox be used for?
China Electronics Technology Cyber Security Company Limited, Hangzhou FunChain Technology Co., Ltd., Shanghai UnionPay Co., Ltd., and other units jointly launched the “2020 China Blockchain Industry Sandbox Forum”, aiming to explore the use of new technologies to empower the transformation and upgrading of the real economy.
During the forum, the Shenzhen International Blockchain Trade and Financial Services Platform (SWIFT), led by Zhejiang University, Beijing Jiaotong University, and the Digital Currency Research Institute of the People’s Bank of China, was officially unveiled and put into operation. The launch of this platform not only provides more financing tools for small and medium-sized enterprises, but also helps government agencies better formulate policies to guide their business development direction and management processes. (Tencent News)
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