An article to understand how Guangzhou's blockchain development can achieve corner overtaking
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2020-01-03 10:10
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Compared with Beijing and Shanghai, although the development of blockchain in Guangzhou started late, in the past two years, Guangzhou has seized the development opportunities of blockchain and achieved corner overtaking.

On the first day of 2020, Guangzhou Metro issued the first blockchain electronic invoice, marking the application of blockchain electronic invoices in public transportation in Guangzhou. The blockchain electronic invoice is expected to be fully launched on the Guangzhou Metro official app before mid-January.

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Industrial policy is clearly divided

On October 29, 2019, as the "main battlefield" of strategic emerging industries in Guangzhou, Huangpu District of Guangzhou City and Guangzhou Development Zone issued the "Implementation Rules for Several Measures to Accelerate Blockchain Industry Leading Changes".

Previously, at the end of 2017, the district issued the first blockchain policy in Guangdong Province - "10 Blockchains", which is also the blockchain policy with the strongest domestic support and the strongest model breakthrough.The "Implementation Rules" this time are policy refinement and strengthening, also known as the "Blockchain 10" version 2.0.

The "Implementation Rules" first proposed to encourage the establishment of a 1 billion-scale blockchain industry fund to attract social funds to form a capital supply effect, provide enterprises with multi-level services such as angel investment, equity investment, and post-investment value-added, and establish a "multi-base + Big Fund" distributed financial ecosystem. However, the document added that the fund will be initiated by state-owned enterprises in the district, and the plan will be studied and formulated separately.

At the same time, Guangzhou strongly supports the development of blockchain industrialization, one of the major signs of which is the layout and construction of industrial parks. With the development of the blockchain industry, the agglomeration and development of blockchain companies has gradually become a new trend.

According to incomplete statistics from 01 Think Tank, as of now, there are 35 blockchain industrial parks nationwide. In terms of geographical distribution, it is mainly concentrated in Guangdong, Shanghai, Hangzhou and other cities;image description

Regional distribution of Guangzhou Blockchain Industrial Park, picture source/Lingyi Think Tank

However, Guangzhou's policy attitude towards "coin and chain" can be said to be quite different. On December 25 last year, the 2019 Guangzhou Finance (Beijing) Investment Promotion Conference was held in Beijing. At the meeting, Qiu Yitong, director of Guangzhou Local Financial Supervision Bureau (hereinafter referred to as "Guangzhou Financial Bureau"), said,All virtual currency platforms in the Guangzhou area have normally withdrawn from the market.

Qiu Yitong also pointed out that Guangzhou has made every effort to promote the special rectification of Internet finance, online lending institutions have exited in an orderly and stable manner, and there have been no thunderstorms or large-scale group petitions. The cleaning and rectification has all been completed.

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Aiming at social pain points and landing applications

Thanks to Guangzhou's high-quality policy environment and economic development conditions, more and more blockchain companies choose to settle in Guangzhou.

On July 28, 2017, the first formally registered blockchain industry association in Guangdong Province - Guangzhou Blockchain Industry Association was formally established.It fills the gap in Guangzhou in the field of blockchain. The association was initiated by 16 units including Guangzhou High-tech Zone Science and Technology Holding Group Co., Ltd., Guangzhou Optical-Mechanical-Electric Technology Research Institute, and Guangzhou Boao Zongheng Network Technology Co., Ltd. (Huiju.com), focusing on the construction of 4 major platforms and 1 base.

On November 9, 2018, the Guangdong-Hong Kong-Macao Greater Bay Area Blockchain Alliance jointly established by the Guangzhou Blockchain Industry Association, the Hong Kong Blockchain Industry Association and the University of Macau was formally established. The alliance headquarters are located in Huangpu District and Guangzhou Development Zone. , Hong Kong and Macau respectively set up joint headquarters.

Therefore, in terms of blockchain application landing,Guangzhou has always taken Huangpu District and Guangzhou Development Zone as pioneer explorers and test fields.At present, it has been applied in many subdivided scenarios with great social value, such as smart government affairs, smart taxation, and smart cities.

In 2018,

In 2018,Guangzhou has also launched the "Policy Public Trust Chain". By introducing blockchain technology, it simplifies the policy implementation process, reduces costs and improves processing efficiency.Realize audit automation, transfer credibility, and approval synchronization. It was rated as one of the "Top Ten Trusted Blockchain Cases in 2018" by the China Academy of Information and Communications Technology.

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Guangzhou Metro / Map source network

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epilogue

Compared with Beijing and Shanghai, although the development of blockchain in Guangzhou started late, in the past two years, Guangzhou has seized the development opportunities of blockchain and achieved corner overtaking.Taking Guangzhou Huangpu District and Guangzhou Development Zone as the focus of development, using the region's deep manufacturing base, it will continue to accelerate the agglomeration of blockchain technology and industries, and vigorously promote the development of digital industrial economy.

It can be seen that the construction of blockchain industrialization in Guangzhou has achieved remarkable results. The number of blockchain industrial parks is in a leading position in the country. Blockchain technology has also realized the application of multiple scenarios such as government affairs, taxation, and smart cities. This is inseparable from the region's superior economic environment, scientific research capabilities, talent advantages and policy support. In addition, the establishment of the blockchain industry fund, the establishment of the Guangzhou Blockchain Industry Association, and the Guangdong-Hong Kong-Macao Greater Bay Area Blockchain Alliance have further provided strong support and guarantee for the agglomeration and development of the blockchain.

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