Bitcoin
$ 43,565
Ethereum
$ 1,350.8
Litecoin
$ 158.19
okex ads

Beijing ranks first among blockchain cities in China

Beijing has been named as the top blockchain city in the 2020 Chinese Blockchain Innovation rankings.

The Chinese Blockchain Innovation rankings were revealed at the China International Fair for Trade in Services Summit. The rankings comprehensively evaluates the blockchain technology and development of 83 Chinese cities and special zones, except Hong Kong, Macao and Taiwan. There were four key dimensions considered, such as research and development, industrial development, public popularity, and policy based on multi-source objective data.

According to reports, China’s blockchain regions have obvious advantages in the development of leading cities, with Beijing, Shenzhen, Shanghai, Hangzhou and Guangzhou ranked in the top five.

Beijing came first with a score of 99.82 and Shenzhen came out second with a 91.2 ranking score. It’s worth noting that Shenzhen has more than 5,000 blockchain related firms, making Beijing ranking an important feat.

Following Shenzhen in the ranking is China’s biggest city and one of East Asia’s largest business capital—Shanghai—with a ranking score of 88.

Beijing Fair, the host of the China International Fair for Trade in Services Summit, acknowledged Beijing and Shanghai for making use of their “advantages in research and development (R&D) activities, industrial development and public enthusiasm” to promote and create stronger blockchain awareness to the general public.

In July 2020, the municipal government of Beijing revealed a 20-point plan to improve blockchain. This plan was aimed at increasing the rate at which distributed ledger technologies (DLT) are deployed and developed. This move made the city become more of a blockchain hub, both nationally and globally.

The Beijing Blockchain Innovation Development Action Plan 2020-2022 lists out the plans from the blockchain city to promote its global leading status. By the end of 2021, Beijing plans to be in the forefront of public DLT deployment and blockchain innovation.

Related Posts

Leave a Reply

Newsletter

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

Singapore’s Diginex to Offer USD Loans With Bitcoin As Collateral, Asian Market Stays Hot
February 28, 2021By
Crypto market drops $70 billion in value as Bitcoin, Ethereum, Litcoin tumble heavily
February 28, 2021By
IOST (IOST) Welcomes Binance as Partner Node Staking Over 800 Million IOST
February 28, 2021By

Advertisement

Video Posts

In
The State Of Bitcoin And Alt Coins
February 27, 20210
In
Kingdom Entrepreneurship
February 26, 20210

Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin43,565 0.70 % 7.24 % 22.73 %
Ethereum1,350.8 1.68 % 8.23 % 29.99 %
Cardano1.210 0.35 % 13.15 % 7.90 %
Tether1.010 0.65 % 0.47 % 0.37 %
Binance Coin199.52 1.35 % 11.93 % 22.48 %
Polkadot30.57 0.23 % 12.04 % 22.37 %
XRP0.3993 2.02 % 10.49 % 22.86 %
Litecoin158.19 0.36 % 8.84 % 30.77 %
Chainlink23.46 0.10 % 9.24 % 31.47 %
USD Coin0.9997 0.72 % 0.52 % 0.90 %