24th May Guizhou– The 2017 China International Big Data Expo, endorsed by the CPC Central Committee and hosted by the National Development and Reform Commission, Ministry of Industry and Information, the National Internet Information Office and the People’s Government of Guizhou, kicked off on 24th May. The Expo’s theme is “Growth Driven by Digital Economy ” and has seven sessions, including Digital economy and block chain. 8BTC is the exclusive media partner of the blockchain session.

Ceremony of 2017 Guiyang Big Data Expo credit:xinhua

In this forum, the Management Committee of GuiAn Free Trade Zone signed a strategic cooperation agreement with BitSE or VeChain to build the world’s first blockchain town.

It is reported that the design and construction of the entire town would be based on cloud platform of the VeChain. Different areas of the town will be attributed with different features to realize interoperability and collaboration. Specific blockchain-based scenarios include smart government operation, smart agriculture and smart retailing etc.

Guian District will work with BitSE and other well-known investment institutions to set up a fund that is open to all block chain start-ups nationwide. The authority will provide strong backing to attract domestic and foreign leading chain-chain enterprises and projects to settle down in the new district. Also the government will help the startups to promote the blockchain-based applications across the Guizhou Province or even the whole country.

Guian District is aiming to build a blockchain ecosystem by adopting the technology to incubate new business and opportunities. The government will unite with VeChain to provide blockchain training sessions for traditional IT enterprises, developers, companies, schools and relevant government departments.

BitSE is one of the companies that started researching blockchain technology early in China. Since its inception, the company has gathered many domestic and foreign blockchain talents. BitSE has been committed to the materialization of blockchain application.

Vechain is a blockchain-based cloud platform for global ledger-type info exchange. Through a unique identification code, the real business world is projected onto blockchain. VeChain is dedicated to building multi-dimensional collaborative supply chain solutions that are open to various participants, trustworthy and traceable. At present, VeChain has materialized several blockchain projects in various industries.

Guian New District is one of the 19 national new districts in China. It is also the first big data comprehensive pilot zone in China. Blockchain technology is one of the world’s leading cutting-edge technologies and is listed as a key development direction in the “thirteen five-year plan”. The technology could be integrated with big data perfectly and will have revolutionary impact on the production model.

8BTC is the exclusive strategic media partner for the blockchain session of the Expo. Check out the live coverage: http://8btc.com/thread-55178-1-1.html