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Waltonchain was invited to the prestigious China Blockchain Technology Innovation and Development Forum this year. It had the honour to address and discuss the innovation behind blockchain technology along with other attendees at the event.This year’s forum was held in the Great Hall of the People in Beijing. It was co-hosted by Beijing Private Sci-Tech Promotion Association (BPSPA), Huaxia Industrial Economy Research Institute, and Minsheng Weekly of People’s Daily.
The forum is organised to encourage technological innovations of companies and help them explore all possibilities for the growth of China’s digital economy.
Sitting beside Bank of China’s former President in association with Mr. Li Lihui, the head of NIFA’s Blockchain Working Group, Waltonchain has expressed gratitude for being invited to this conference.
Two other stalwarts present in this forum were Mr. Zhang Jing’an, the previous Deputy Minister of the Ministry of Science and Technology and Mr. Hou Yunchun, the Development Research Center of the State Council’s (DRC) former Deputy Director.
Mo Bing, the CEO of Waltonchain, spoke about international and domestic scenarios related to the development of this technology. “The blockchain technology is altering trust system of China. This nation encourages innovation in this technology and wishes to utilize the same in practical. However, it is an extended process”, he said.
Mr. Bing further added, “The nation's hope ponders on blockchain corporations aiming to raise funds through compliant & legal methodologies, formulate enduring plans and introduce more strategic investors.”
The CEO additionally professed that cloud computing, big data, artificial intelligence, and other technological advancements need to be incorporated with this technology to achieve the required revolution in industrial technology.
He mentioned, blockchain is the future of digital society owing to the utmost trust it brings with it. Although its major application is seen in finance now, in the years to come, it will add its value to numerous sectors.
Waltonchain CEO Mo Bing (first to the right)
The 10th National People’s Congress’s Standing Committee’s VC, Mr. Jiang Zhenghua said in this forum that with features like security and irreversibility, temper-resistance, non-repudiation, and decentralization, this technology is currently one of the most promising innovations globally.
Mr. Zhenghua added, new technological advancements have revolutionised the digitisation of industry. Blockchain is one such technology that can be used in various sectors in this country like government affairs, medicine, people’s welfare, and also finance.
Owing to Blockchain’s bright future, Waltonchain and its team aim to grab this prospect and be a significant part of the new future.
About the company:
Named after the inventor of RFID technology, Charlie Walton, Waltonchain is a blockchain development project that combines this technology with Internet of Things (IoT). Example, the team aims to provide supply chains with an efficient management system. Using RFID, Waltonchain can track any product during each phase of production and distribution. This data is then stored in blockchain, thereby, ensuring precision through each and every stage.
Contact Info:
Name: Waltonchain
Email: Send Email
Organization: The Waltonchain Foundation
Address: Shenzhen, China
Website: https://waltonchain.org/
Release ID: 356489
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