Blockchain Breaks Down The “Data Silos” of Government Affairs And Helps The Smart Government Land

Since the blockchain was regarded as an important development trend last year, driven by the epidemic, the implementation of blockchain technology in various industries is gradually accelerating and has become a hot topic in 2020. At the same time, most local governments also use blockchain for industrial optimization and upgrading, smart city construction, and digital economy as a new growth point.

On April 20th, the National Information Center Smart City Development Research Center corporate with the Huobi Research Institute first released the report “Blockchain Helps the Development of China’s Smart Government Affairs into the Fast Lane”, it forecasts the application and development trend of blockchain technology in the field of government information after the application of blockchain technology.

The CEO of Huobi China and president of the Huobi Research Institute Yuan Yuming, show his opinion that blockchain technology can break through the “data silos” of government affairs, trace the data circulation process and clarify the definition of powers and responsibilities, realize the full life cycle management of government data, and solve existing government affairs informatization problems effectively, empower e-government, and help smart governments land.