The “Guangdong,Hong KongandMacaoDawan District Blockchain Alliance” has been establishedto push synergyand innovation andtogetherpromotethe eventof the blockchain technology in China.
In line a recent news report by ‘China News,’ thefreshlyestablished alliance — initiated by theGuangzhoutownBlockchainIndustryAssociation, theHong KongBlockchainIndustryAssociation,along with theMacaoUniversity Innovation Center — involvesfifty four totally differentfirmsand covers blockchain technology in such areas as funds, finances, andmercantilism. The headquarter of the coalitionaresettledinGuangzhouDevelopment Zone,one amongstthe primary national economic development zones in China.
According to the article, the alliancewould bedeveloping four blockchain platforms. Explaining further the article added:
“The alliancewouldpromote the blockchain general development platform, blockchain ‘double creation’ platform, blockchain technology innovation platform and blockchaininustryservice platformsupportingthe key application fields and directions ofthe eventof blockchainindustryinGuangdong,Hong KongandMacao.”
TheHong KongBlockchainIndustryAssociationareaccountable forblockchain developmentwithin the sectors ofmercantilism, finance, exchanges, andinsurances,whereasthe Innovation Center of the University ofMacaowoulddevelop blockchaintechnicalimplementationwithin theareas of education, health, tourism, andlogistics.
Earlier in sept. this year, it was also reported that the creation ofa brand newtrade and finance blockchain platform, referred as the “Guangdong,Hong KongandMacaoDawan District Trade Finance Blockchain Platform,”that’s backed by the nationalfinancial organization, the People’s Bank of China [PBoC].
Previously this fall, PBoCofficiallylaunched the testingsectionof the “BayPhase Trade Finance Blockchain Platform”aimed towardconducting trade activities,likeassetsand tradefundings.