Xiongan Blockchain Lab

The city-level blockchain underlying system was released today in Xiongan
2020/12/14 20:28:28

     On December 14, under the guidance of the Xiongan New District Management Committee and hosted by the Xiongan New District Smart City Innovation Association, the 2020 Xiong’an Blockchain Forum and the Xiong’an Blockchain Underlying System (1.0) Conference was held at the Xiong’an Citizen Service Center. This means that China's first city-level blockchain underlying operating system has been developed and put into use.


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Activity site


     The system is a self-controllable underlying blockchain system jointly developed by the Blockchain Laboratory of the Xiongan New District Smart City Innovation Federation and many top domestic blockchain research and development forces. The system adopts independent intellectual property rights to build a new type of blockchain underlying architecture that integrates "core chain + application chain" multi-layer chain network, and achieves innovations in terms of throughput, cross-chain collaboration, trusted data exchange, security and other pain points breakthrough.


     The relevant person in charge of the Xiongan New District Management Committee stated that the digital Xiongan has been implanted with the gene of the blockchain from the beginning. The blockchain, like the city operating system, is embedded in the digital Xiongan construction and development as the infrastructure of a smart city. Every link, every corner. The new district adheres to the spirit of reform and innovation of dare to dare, dare to experiment, and dare to be the first, vigorously create an innovative and fault-tolerant development environment, advance the layout of blockchain technology research and development and testing, and explore the application and development of blockchain in practice, and realize blockchain in exploration Technological innovation breakthroughs, full implementation of blockchain applications.


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Round table dialogue session


     In terms of blockchain standard research, the new district has researched and formulated standards for blockchain data collaboration, blockchain application security, etc., to provide a guiding basis for blockchain technology innovation and application innovation. In promoting data sharing and optimizing business processes, the new district combines the actual needs of construction and development, creatively applying blockchain technology to the distribution of requisition and resettlement funds, and the payment of project builders’ wages. Funds are realized through cross-chain intercommunication and data collaboration between systems. One-click "penetrating" management of appropriation. At the same time, the fund allocation process was optimized, and the traditional fund management for requisition and demolition was reduced from 3 payment nodes to 1, efficiency increased by more than 80%, and the accumulated funds allocated exceeded 20 billion yuan.


     In terms of integrated, innovative and integrated applications, the new district integrates blockchain and artificial intelligence, big data, Internet of Things and other cutting-edge information technologies through scenarios such as the electronicization of non-tax bills, land transfer and management, judicial deposits, supply chain finance, and digital currency. The deep integration of the company promotes integrated innovation and integrated applications. In terms of talent gathering, the new district has established a blockchain laboratory to cultivate a group of people who understand blockchain and use blocks in government departments, financial institutions, and enterprises in the form of project-driven, fund-driven, talent exchange, and policy guidance. The people of the chain and the people who develop the blockchain have built the cornerstone of the development of the blockchain.


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Dr. Hongwei Meng from the Blockchain Lab introduces the underlying system of the blockchain


     The Xiongan Blockchain underlying system (1.0) will start a new journey in Xiongan New District to lead the innovative application of blockchain technology and serve the development of urban construction. In the next step, the new area will focus on standard research and development and the transformation of results, continue to deepen technological innovation, research and formulate blockchain standards, and form a reproducible, scalable and complete blockchain technology standard system. Promote the transformation of standards, research and develop blockchain technology products, and promote and apply them in different industries.


      Guided by the continuous expansion of the application of “blockchain+” in the field of people’s livelihood, promote the combination of the underlying technology of blockchain and the construction of smart cities, grasp the opportunity of large-scale construction of “new infrastructure”, and promote the application of the underlying technology of blockchain in digital The promotion and application of roads, smart energy, smart infrastructure and other fields will continue to explore new concepts, new paths and new models of urban construction, management, and services.


     With the comprehensive integration and sharing of blockchain-driven data as the core, it will fully empower the development of the digital economy. Encourage the first to try, build the new district into a source of new blockchain technologies, new products, and new applications, further open up the innovation chain, application chain, and value chain, and promote the comprehensive integration of the blockchain with the economy and society, for the digital economy Development is plugged in to take off.




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