Insurance Giant from China Advocates Blockchain

AI, a huge Chinese company working with big data and cloud computing advocates the blockchain technology in the newly released white paper “White Paper on Small Cities”.

The company was ranked as the third most important global financial company, so, their opinion matters.

The government of the recently released white paper is to create a new model that the Chinese government could use for a “city of service” ad to create a solution based on wisdom when it comes to city management and city arrangement.

China is still staying one of the leading countries when it comes to the application of the new technologies. The blockchain is one of them. The blockchain is offered to be used for the creation of one thousand smart cities. That should be a special economic zone.

Now, the company is developing the blockchain solutions about which it is going to advice the government.

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