The "Beijing Municipal Experimental Blockchain Platform" project aims to store information of residents and city facilities and manage government affairs using blockchain technology.
An e-CNY enterprise zone is to be launched by the Municipal Administrative Center of Beijing to explore the digital renminbi financial system in Beijing.
Block reward mining goes against China’s ‘carbon neutral’ goal, according to the cyberspace commission in China’s Hebei province which recently announced a crackdown.
Beijing has been named as the top blockchain city in the 2020 Chinese Blockchain Innovation rankings.
Beijing has released its first blockchain blueprint, outlining the digital transformation it expects in the future, with blockchain playing the central role.
China is set to finally launch its national blockchain platform in the coming week, seeking to become the undisputed global epicenter of the technology.
Beijing has joined Shenzhen in implementing blockchain invoicing as it seeks to increase transparency, reduce the associated costs and increase convenience.