The local government of Beijing released on Thursday a blueprint of its plan to implement a blockchain-based programmable government.
Why it matters: This is the first time China’s capital city has laid out details of how it will implement blockchain in its operations.
Details: The government’s main goals in the plan are to build a blockchain-based unified framework for digital governance, facilitate data-sharing between agencies and businesses, and enable cross-departmental and cross-regional collaboration.
The 145-page blueprint lays out only the first steps in achieving the most ambitious blockchain project in a mega city like Beijing.
The city wants to reap the efficiency and trust benefits of blockchain-based governance, but also become a global hub for the development and application of distributed ledger technology.
Deliberation to select the 12 application cases to spearhead the project began in November, just weeks after Xi Jinping’s speech.