Chongqing — Yuzhong District in downtown Chongqing held a signing ceremony for key digital economy projects on  December 29. The district signed contracts with five digital economy companies including Huaheng Yunchuang Technology, Yunri Blockchain Technology, BUER Digital Business Incubator, ENTROPY Digital Technology, and WanXiangLian Information Technology, and reached a cooperation agreement to jointly promote the development of digital economy in Yuzhong District.

Yuzhong District in downtown Chongqing holds a signing ceremony for key digital economy projects on  December 29, 2020. (Photo credit: Yuzhong District Big Data Development Bureau)

In the event, representatives of each company introduced their respective portfolios, research results, and development plans. The five digital economy companies mainly invlove industrial fields such as big data, cloud computing, and the Internet of Things. Among them, blockchain is the common development highlight of these companies.

Liu Xing, General Manager of Chongqing Yunri Blockchain Technology , introduced that the company is committed to the evaluation, value-added, and trading of human capital, and helps job seekers obtain high-quality employment and entrepreneurship. Yunri Blockchain and Telecom Blockchain Lab jointly launched the blockchain smart employment platform to explore a new mode of sharing human resources and use blockchain to realize the whole-process platform system which realized management and control of enterprise employment.

 “Through the blockchain technology, Chongqing ENTROPY Digital Technology is committed to authenticating works, realizing digital copyright life cycle management, avoiding copyright legal disputes, in the field of cultural industry.” Mao Daiqiang, Chairman of Chongqing ENTROPY Digital Technology said that this will help improve the business environment of the cultural industry and provide a standard model for intellectual property protection.

According to Zhou Yu, chairman of Chongqing WanXiangLian Information Technology, blockchain technology is a new solution for current difficulties in the use of anti-counterfeiting authentication and secure sharing of official documents and certificates. Besides, it can achieve a safe opening and application of personal medical data, and provide product traceability and verification services.

"These five companies are all the key enterprises introduced in Yuzhong District this year and will contribute to the development of the Yuzhong district's digital economy and Chongqing Digital Economy (Blockchain) Industrial Park." The Yuzhong District government official said that since this year, Yuzhong District has introduced a series of policies and measures. It aims to better promote the development of the digital industry and attract more high-quality enterprises to settle in Yuzhong.