Ministry of industry and information technology blockchain

BEIJING, Jan 30 Reuters - China has selected 15 pilot zones and identified several areas of application to "carry out the innovative application of blockchain" technology, according to a joint government statement on Sunday. The pilot zones include areas in China's major cities of Beijing and Shanghai, as well as Guangzhou and Chengdu in the southern Guangdong and Sichuan provinces respectively, according to statement on the Cyberspace Administration's official Wechat social media account. The entities will conduct the projects in fields such as manufacturing, energy, government and tax services, law, education, health, trade and finance, and cross border finance. Give full play to the role of blockchain in promoting data sharing, optimising business processes, reducing operating costs and improving collaboration efficiency in building a credible system," the statement said. In October , China president Xi Jinping said the country should accelerate the development of blockchain technology as the core for innovation.



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WATCH RELATED VIDEO: What is BLOCKCHAIN? The best explanation of blockchain technology

Beijing wants to build the next big-name blockchain companies


Indian companies are focusing to invest internationally to expand global footprint and enhance their global delivery centres.

Indian IT's core competencies and strengths have attracted significant investment from major countries. Japanese investments in the Indian IT sector grew 4X between and Leading Indian IT firms like Infosys, Wipro, TCS and Tech Mahindra are diversifying their offerings and showcasing leading ideas in blockchain and artificial intelligence to clients using innovation hubs and research and development centres to create differentiated offerings.

India is the topmost offshoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of opportunities for top IT firms in India.

In November , Mr. Note: Conversion rate used for November is Rs. Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same. India has the fastest internet traffic growth globally and is expected to have million users by , up from million in India is among the top water-rich countries in the w Air travel is set to become less of a hassle and more pa Telecommunication is the fastest growing industry in India.

Financial literacy is the ability to effectively manage Gaming is one of the fastest-growing sunrise industries India emerging as global hub of Horticulture and Floriculture Horticulture deals with cultivation of garden crops, fruits and vegi Enjoy FREE subscriptions downloads, updates and more. Already a member? Please enable Javascript for full functionality.

India IT spending to grow at 5. India among top 10 global AI adopters, poised to grow sharply As of FY21, the IT industry employed 4. In August , SAP India and Microsoft announced the introduction of TechSaksham, a collaborative skilling initiative aimed at enabling young women from underprivileged regions to pursue careers in technology. In August , Startek, a business process management company, announced a plan to increase its minority stake in CSS Corp to reach a wider market.

In July , TCS expanded its strategic partnership with Royal London, the largest mutual life insurance, pensions and investment company in the UK, to help the latter transform its pension platform estate and deliver market-leading services to members and customers. In July , Tata Technologies partnered with Stratasys, a 3D printing technology company, to provide advanced additive manufacturing technologies to the Indian manufacturing ecosystem.

In July , Tech Mahindra Foundation and Wipro GE Healthcare have joined forced to offer skilling and upskilling courses to students and healthcare technicians.

Government Initiatives Some of the major initiatives taken by the Government to promote IT and ITeS sector in India are as follows: In November , the government launched Internet Exchange in Uttarakhand to enhance the quality of internet services in the state.

In addition, the central government plans to focus in areas, such as cybersecurity, hyper-scale computing, artificial intelligence and blockchain. In September , the Indian government launched the Meghalaya Enterprise Architecture Project MeghEA , to boost service delivery and governance in the state by leveraging digital technologies, to make Meghalaya a high-income state by The event will take place over three days beginning October 20, The meeting's topic this year is Inclusive Internet for Digital India.

On July 2, , the Ministry of Heavy Industries and Public Enterprises launched six technology innovation platforms to develop technologies for globally competitive manufacturing in India. In Budget , the government has allocated Rs. Department of Telecom, Government of India and Ministry of Communications, Government of Japan signed a MoU to enhance cooperation in areas of 5G technologies, telecom security and submarine optical fibre cable system. Road Ahead India is the topmost offshoring destination for IT companies across the world.

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11. Applications and Prospects of Blockchain Technology in China's Logistics Industry

Springer Professional. Back to the search result list. Table of Contents. Hint Swipe to navigate through the chapters of this book Close hint. Abstract In the field of logistics, the application of blockchain technology is receiving widespread attention.

Discover how MAS is building a strong Distributed Ledger Technology (DLT) ecosystem for common industry information allowing members to query the data.

Demystifying Blockchain: What’s Next?

Indian companies are focusing to invest internationally to expand global footprint and enhance their global delivery centres. Indian IT's core competencies and strengths have attracted significant investment from major countries. Japanese investments in the Indian IT sector grew 4X between and Leading Indian IT firms like Infosys, Wipro, TCS and Tech Mahindra are diversifying their offerings and showcasing leading ideas in blockchain and artificial intelligence to clients using innovation hubs and research and development centres to create differentiated offerings. India is the topmost offshoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of opportunities for top IT firms in India. In November , Mr.


China’s Ministry of Industry and Information Technology Outlines Blockchain Development Proposals

ministry of industry and information technology blockchain

Try out PMC Labs and tell us what you think. Learn More. Data associated with our multilingual literature and legal, and policy review are available via information in references. Japan is undergoing a major population health transition as its society ages, and it continues to experience low birth rates. An aging Japan will bring new challenges to its public health system, highlighted as a model for universal health coverage UHC around the world.

We are proud to boast a strong team of IT engineers who thrive on rolling up their sleeves and providing Blockchain based solution to meet your governance needs. After demonetization Government gave a lot of emphasis on promotion of digital payments and cashless economy.

Turkey’s Ministry of Commerce to utilize blockchain technology

Ministry of Electronics and IT MeitY has drafted the National Strategy on Blockchain that has been evolved in consultation with various stakeholders including Academia, Industry and various Government bodies. Globally and nationally, various efforts are being made in implementing Blockchain based applications. PoCs and pilot deployments are successfully carried out. This Draft document provides an insight on the strategies for metamorphosing Indian Blockchain ecosystem to make India as one of the leading countries in terms of harnessing the benefits of this emerging technology by focusing on Technological and Administrative Aspects and proposes to integrate Blockchain Technology with other emerging technology areas such as AI in order to achieve the vision of becoming global leader in these technologies. To garner citizen's perspective on the topic, MeitY invites citizen suggestions on the Draft National Strategy on Blockchain.


China chooses pilot zone to test blockchain technology

Blockchain is a technical solution integrating multiple technologies, with the potential to overcome the drawbacks of organizational governance. Given the emergence and prevalence of blockchain, its importance for organizational governance has progressively increased. Therefore, this study aims to analyze how blockchain restructure organizational governance. This study presents a structured systematic literature review of blockchain-enabled applications across diverse organizational governance models and several case studies to illustrate them. Based on the above analysis, governance mechanisms, transaction upgrading and challenges are proposed. Based on the literature review and typical applications, the authors summarize the advances in the research on the theoretical and practical applications of blockchain in organizational governance. We also identify the influence mechanisms of organizational governance and investigate transaction upgrading based on blockchain.

The National e-Governance Division (NeGD), under the Ministry of Electronics and Information Technology (MeitY), had in July tasked.

Govt proposes nat’l framework to boost use of blockchain

This paper focuses on the effect of blockchain technologies on the land surveying industry and the related players who determine legal property lines and the exact locations of land, built property and construction projects. But how does blockchain work? And what disruption will it have on the real estate industry? And the surveying profession and its affiliated organizations?


China selects pilot zones to take part in blockchain trials

RELATED VIDEO: Webinar on Blockchain Technology

As an example of practical application of Tai Cloud technology, its advanced food supply management blockchain was used to track individual oranges for China National Food Industries Corporation, which permits to track and record provenance of every single orange from the tree to the supermarket. Russian Government introduced various measures to spur the development of the Far East including special economic zones, tax breaks and low cost financing for projects. In order to accelerate the development of the region, the President has also ordered the creation of a special financial center in Vladivostok, commercial capital of the region, as well as rapid adoption of advanced technologies, including blockchain. The oranges that Tai Cloud put on blockchain are just one example albeit an important one how a whole supply chain can be made more transparent and more efficient with blockchain. The Russian Far East is home to vast treasures of natural resources that could similarly benefit from application of advanced blockchain technology, such as diamonds. FEDF envisions one of the first potential applications of Tai Cloud blockchain technology in D1 digital diamonds — a project FEDF is working on together with the Singaporean company Diamundi, aimed at creating a digital token D1 backed by diamonds thus transforming diamonds into an investment asset class comparable to gold.

December domestic mobile phone shipments were

A research task force from Peking University has developed a new distributed ledger system capable of supporting a Chinese companies have dominant positions in terms of blockchain patent filing volume, according to a report by Intellectual China takes steps to boost blockchain industry into world-leading position by The document also announced a plan to make China's blockchain industry first in the world by The document was published by the Ministry of Industry and Information Technology MIIT and the Office of the Central Cyberspace Affairs Commission, in a move to fix cybersecurity issues, reform the structure of China's information technology industry, and enhance the fusion of blockchain technology and the country's economic system. The document said China will support the establishment of three to five backbone enterprises by and the industry scale will keep expanding in The industry will be deeply connected with the internet, big data and artificial intelligence sectors, and it will also become an essential means of support of the nation's governance capacity at that time.

The firm's Greater China group comprises more than lawyers located in three integrated offices in Beijing, Hong Kong and Shanghai, making DLA Piper one of the largest international law firms in the region. The team also has extensive experience in guiding clients that are expanding and operating in Macau and Taiwan. DLA Piper is a market leader in providing legal services to fintech clients. The fintech team brings together the vast and synergistic skill sets of the firm's finance and intellectual property and technology teams to holistically service fintech clients both from a traditional finance perspective and with regard to cutting-edge technology deployment.


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