Wanxiang and PlatON Join Forces for Blockchain Infrastructure of New Smart City in China

Automotive giant China Wanxiang Holding Co., Ltd has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou, according to a report by CryptoNinjas on June 20.

According to the report, the smart city—dubbed “Innova City”—will be built with tech using PlatON’s blockchain infrastructure, for purposes like interfacing with city resident ID cards as well as monitoring driving behavior.

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Honda And GM to Research Smart Grid, Electric Car Interoperability With Blockchain Tech

Major automobile manufacturers Honda and General Motors (GM) are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20.

As part of the project, Honda and GM will investigate whether electric vehicles can be used to stabilize the supply of energy in smart grids.

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China: Insurance Giant Ping An Releases "White Paper on Smart Cities," Advocates for Blockchain

China’s Ping An Insurance, one of the world’s largest insurance company groups, has released a “White Paper on Smart Cities,” advocating for blockchain tech, AI, big data, and cloud computing, People’s Daily reports August 22.

Ping An Insurance, a Chinese conglomerate with operations in insurance, banking, and financial services, was ranked the third most valuable global financial services company in the world as of May 2018.

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ConsenSys Signs MoU With China’s ‘Smart City’ of Xiongan for Blockchain Consulting

China’s Xiongan New Area government has signed a Memorandum of Understanding (MoU) with ConsenSys to bring blockchain technology to the “smart city,” the South China Morning Post reported July 23.

ConsenSys, a blockchain software technology company focusing on Ethereum (ETH) development, has confirmed they will advise the Xiongan government on blockchain and software solutions in order to establish it as a “next generation smart city [and] leading blockchain innovation hub,”according to the (MoU) signed in Beijing.

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Blue Whale Foundation – Powering Smart Cities and Championing the Sharing Economy


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