Xiamen Will Support the Pilot Application of Blockchain Technology and Products in Financial Regulation Field

[ChainDD report] October 13 (ChainDD) Xiamen municipal government issued a strategic plan for the development of emerging industries. In terms of blockchain, Xiamen will actively promote "blockchain +" model, and enlarge the amount of application scenarios of blockchain technology.

In addition, it will support the pilot application of blockchain technology products in the area of financial regulation, social governance, supply chain management, industrial testing and storage.

At the same time, Xiamen encourages the research and development of core technologies such as encryption algorithm, consensus mechanism, smart contract, side chain and cross-chain, blockchain data, network architecture and operation protocols, supporting the development, production, promotion and application of blockchain security hardware and software technology products.

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