Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments, according to local media outlet Jintai News.
Optimizing the business environment
The blockchain directory aims to optimize the organization of the usually scattered data people are forced to grapple with in municipal government offices. For instance, something as simple as obtaining a certificate is usually a very long and complicated matter because it must be signed off and altered through multiple various departments.
The Beijing Municipal Government has not been oblivious to this challenge in its system and believes the Huawei Cloud blockchain network will be instrumental in handling daily affairs through efficient data sharing.
As per the announcement:
“HUAWEI CLOUD not only assisted Beijing in establishing a directory blockchain system, but also launched the intelligent e-government extranet solution to help upgrade Beijing’s e-government extranet, and help Beijing Yanqing build an urban service management command platform (IOC).”
The trust mechanism presented by blockchain technology is expected to propel the generation of integrated information technology. As a result, the services rendered will be improved, making the business environment optimized.
Real-time transfer
Previously, real estate registration in Beijing took at least five days as it required clarification by various departments. However, with the deployment of the blockchain network, an overhaul is expected as this registration will be finished at one time.
The “catalog blockchain” presents an orderly data operation of all city departments. This will prompt the real transfer of standard data interfaces of different fields like civil affairs and household registration population on the chain.
China eyes blockchain haven status
In October last year, China’s President Xi Jinping urged the nation to roll up its sleeves so that it could become a blockchain haven. He noted that the application of this cutting-edge technology had extended to digital asset trading, supply chain management, intelligent manufacturing, Internet of Things, digital finance, and other fields.
China seems to heed to this call as it has defied the odds by establishing more than 10,000 blockchain companies in the first seven months of 2020 as the world continuously grapples with the coronavirus (COVID-19) pandemic.
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