The blockchain will be one of the technologies that China’s local authorities will use to rebuild local transportation infrastructure, a government bulletin said March 25.
The benchmark was recently approved, in addition to other destructive tools, such as big data and the Internet of Things (IoT), as useful for implementation in Jiangsu Province, north of Shanghai.
The multi-year project entitled “ Implementation Plan for the Development of Transport Infrastructure ” aims to update both passenger and freight networks in order to reduce pollution and increase efficiency.
According to the bulletin, the blockchain will be presented in the field of logistic data. A rough translation is:
“Actively develop efficient Internet + logistics, make full use of mobile Internet, cloud computing, big data, blockchain and other technologies to help improve the organization of traditional freight and efficient integration of various types of transport.”
The blockchain projects at the state level are not new in China, since various local and national schemes are aimed at introducing technologies in one form or another.
They are accompanied by corporate initiatives, which this month included retail giant Alibaba, collaborating with Aerospace Information Co. for the further development of the blockchain.
In the field of transport, Shenzhen began issuing the first electronic invoices in China using the blockchain last week.
Separately, studies have shown that China is currently heading the list of countries with the largest number of blockchain patents.