Opinions

Blockchain Based “Smart City’ In Pipeline

Ping An Group and Sanya Municipal Government join hands to take the living structures of the world one step higher. A ‘smart city’ based on all the interesting innovative technologies science has gifted them with. This project will use Blockchain, Artificial Intelligence and Cloud Computing.

Ping An is a Chinese holding conglomerate which mainly deals with insurance, banking, and financial services. Ping An Insurance, a hugely successful firm, is one of the top 50 companies in the Shanghai Stock Exchange. while also being a component of Hang Seng Index, an index of the top 50 companies in the Hong Kong Stock Exchange.

A smart city, in it’s purely literary meaning, is a municipality that uses information and communication technologies developed and refined by scientific innovations, to increase efficiency, sharing information with the public and improving both the quality of government services and citizen welfare.

What both Ping An Group and Sanya Municipal Government have in mind is the physical manifestation of this long overdue dream.

‘As one of the core segments of Ping An Group’s smart city ecosystem, Ping An City has applied blockchain, OCR, VR viewing, biometrics and other technologies to the construction of smart cities in several important cities. In Shenzhen, Ping An City uses the world’s leading blockchain, Pingyun cloud, big data, online intelligent identity authentication and other technologies to help Shenzhen Land and Resources Commission complete the real estate information system upgrade and build a more efficient regulatory service platform.’ people.com.cn

The history goes way beyond this project between these two hand-shakers. They have been hand to hand in similar concept projects before. Ping An City has already cooperated with Sanya Housing and Construction Bureau on smart property since March this year. On the basis of the first-phase trial operation, the second phase has also passed the expert review.

With the aim to create unifying colonies, this might be the future of living.

‘to accelerate the construction of a comprehensive ecological solution from the ground to the people, with strong technology, financial driving and resource integration capabilities, empowering smart city construction. The whole industry chain serves the entire housing ecosystem and provides the government with the best open, digital and intelligent cloud platform for the government, enterprises, communities and citizens.’ people.com.cn

 

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Sarim Mehmood

An electrical engineer to be. Sarim is a blockchain & crypto enthusiast and an early investor in ETH and Ethereum based projects. Email: sarim@blockpublisher.com or contact the editor at editor.opinions@blockpublisher.com

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