Blockchain powered ‘Smart Brain’ to govern China’s new ‘Aerospace City’
Singapore-based blockchain data firm CyberVein has become one of 12 firms participating in the construction of China’s Hainan Wenchang International Aerospace City. Described as “China’s first aerospace cultural and tourism city,” it will be a hub for the development of aerospace products and support services intended for use in Chinese spacecraft and satellite launch missions.
CyberVein will work alongside major Chinese firms, including Fortune 500 companies Huawei and Kingsoft Cloud, and will leverage its blockchain, artificial intelligence, and big data technologies to support the development of the city’s Smart Brain Planning and Design Institute. China has sought to team up with top distributed ledger technology teams to develop smart cities for several now, with blockchain notarization service Factom partnering with the Chinese government in 2016.
