The launching of the blockchain network pilot version took place at the first-ever Blockchain Service Conference in China. The hosts of the conference include China NIC, China UnionPay, China Mobile Communications Group Zhejiang Co., and Hangzhou Municipal People’s Government.

The development of the network is to ensure that there is efficiency, transparency, and credibility in government services. Likewise, it is to help develop the public blockchain infrastructure including payments using the digital renminbi ahead.

According to a report, three applications will first be focused in the project. The three applications are for the brain city platform of the city and they include “run once,” hotel disinfection supervision, and road health ecological detection.

The state has plans towards the deployment of a worldwide interoperable blockchain infrastructure via the internet. It will be available in many places and host numerous applications and maintain transparency.

Huobi China has partnered with the Blockchain Network Service Alliance (BSN). Those involved in the partnership are telecoms and banking industry leaders. Some of them are China Mobile, China Telecom, China Merchants Bank International, and Weizhong Bank.