Does national blockchain replace old technology?

Reviewing and compile blockchain industry topic, updating market references and research environment.

Today, we are picking up national blockchain strategy in next decades.

Australia’s Department of Industry, Innovation, and Science is developing a National Blockchain Roadmap to assess blockchain opportunities in various sectors of the economy.

The department said using blockchain for food provenance and traceability could improve food safety, and protect Australian growers from fraudulent and counterfeit products. According to Food Innovation Australia, food and wine fraud in 2017 alone cost A$1.68 billion ($1.15 billion).

https://www.forbes.com/sites/biserdimitrov/2019/11/25/why-china-blockchain-plan-is-winning-and-the-us-should-pay-attention/#2a871c415e7e

According to Biser Dimitrov’s Forbes article, China, having lost its largest trading partner, has found itself looking for new export locations in Europe, the Middle East and Africa, mainly around the “Silk Road Economic Belt.” The advantage of having a superior blockchain technology will give China an enormous trading opportunity with the emerging technology markets.

Italy’s SIA, CeTIF (Research Centre on Technology), and technology company Reply announced plans for a national blockchain network for sureties or guarantees.

The blockchain initiative will include legitimate players in the sector — the Bank of Italy, the central bank, has an approved list of guarantors. Both the central bank and the Italian insurance regulator IVASS are involved in the project. So sureties will be digitalized and notarized to verify that the guarantor is legitimate.

Chinese government’s State Information Center (SIC)’s planning aim is to enable small businesses and individuals to be able to host blockchain apps easily without needing to deploy a private blockchain network.

The beta testing period runs from October 2019 to March 2020 and will provide free hosting to 400 companies and 600 developers with Hangzhou as the first test city. Hangzhou is also the home of The BSN Development Alliance, and the city is planning a blockchain pilot for digital identity.

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CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

Blockchain Project Research Study

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Co-founder and CMO Collabogate, blockchain research and practical community

CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

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