Trias Achieves Strategic Cooperation with Chongren Government Applying Blockchain Technology in Power Transformation Industry of Jiangxi Province Trias Follow Mar 11, 2019 · 4 min read

On March 3, 2019, the People’s Government of Chongren County, Fuzhou City, Jiangxi Province (hereinafter referred to as Chongren County Government) and Jiangxi Power Transformation Technology Co., Ltd. (hereinafter referred to as Power Transformation) achieved strategic cooperation with Trias. The two parties signed a strategic cooperation agreement on the blockchain technology application in Chongren County.

Secretary of the CPC Committee of Chongren County Cheng Xinfei, member of the Standing Committee of the CPC Committee of Chongren County and Executive Deputy County Head Xiao Ming, Director of the Bureau of Commerce of Chongren County Yuan Dong, Chairman of Power Transformation Xie Ronghua, CEO of Trias Ruan Anbang, CTO of Trias Wei Ming, Product Director of Trias Chen Xuming and Marketing Director of Trias Zhao Shanshan attended the signing ceremony. The two parties would work hard to create the first blockchain + power transformation industry in China and highlight the innovation that integrates the emerging technologies and the existing industry.

(Second from left Zhou Wei, third from left Xiao Ming, fourth from left Ruan Anbang, fifth from left Cheng Xinfei, sixth from left Xie Ronghua, fifth from right Yuan Dong)

In recent years, Chongren County Government have made the best use of the advantages of the county, actively coordinated the relevant elements such as the resources, talents, technologies and funds, achieved the transformation and upgrade of the traditional industry through intelligent manufacturing, and found out a development road from the traditional manufacturing to the “intelligent” manufacturing. In Chongren County, the upgrade and transformation of the production lines and intelligent product application promotion have been implemented for many projects of the power transformation industry and the capacities and outputs of the enterprises have greatly increased. Now the relevant enterprises have actively introduced advanced technologies, improved the quality and stability of their products, increased their productivity and made the industry more competitive in the markets.

The Internet Base of the Power Transformation Industry has established the Power Transformation Data Center, the Intelligent Power Transformation Equipment Research and Development Center, the Power Transformation Industry Incubator, an academician workstation, the E-commerce Supply and Marketing Platform of the Power Transformation Industry Chain Equipment, etc. on the big data Internet of Things technology.

Trias is a domestic enterprise-level information security and trusted solution provider with the domestically-leading technology in the industry. It strives to research and develop world-leading trusted technology, provide effective solutions to the human-machine mutual trust problems arising in the current new situation in which the Internet technology is applied in the traditional enterprises and the artificial intelligence technology is applied in information technology. It strives to make the blockchain technology drive the trusted security operation and maintenance and build trusted data infrastructure for the Internet of the industry.

It has been learnt that Trias and Chongren County Government will jointly build a comprehensive blockchain service platform for the power transformation industry and make it an innovative model for the practical application of new technologies by integrating emerging technologies such as the blockchain technology, the multi-party security technology, the Internet of Things, big data and artificial intelligence. They will apply new technologies in many fields such as data traceability, product traceability, supply and marketing platform matching, supply chain finance and comprehensive risk control services, build a full set of efficient, intelligent and secure comprehensive service framework system for the power transformation system and provide one-stop services for all the enterprises.

The system has reconstructed the trusted foundation for the whole industry chain by using the blockchain technology, ensured that the industrial data are traceable, the supply-marketing matching more efficient, the supply chain finance more intelligent and the supplier credit rating system more complete by applying the smart contract technology and integrating some other technologies such as artificial intelligence and machine learning, made the data, products and funds efficiently flow under a highly secure framework and also further strengthened the security of the whole industry chain at the same time.

The Trustworthy and Reliable Intelligent Autonomous System (Trias) developed by Trias is a world-leading public chain system. The Global Public Chain System of Trias fully supports the secure, efficient, real-time and convenient internationalized industrial services of the Comprehensive Power Transformation Service Platform. The support of the public chain system is necessary to technically support the performance of the global services, and it is an indispensable innovative tool for creating the best technology in the industry responding to the national grand Belt and Road strategy. It has paved the way for the future internationalization development of the Comprehensive Power Transformation Service Platform.

Finally, the two parties of the agreement expressed their visions on the development of the strategic cooperation, and hoped to give play to the advantages of the top-level design and set a good example for the nationwide mass entrepreneurship and innovation. Meanwhile, they hoped that the blockchain would energize the power transformation industry and fully initiate a new era of data economy.