China Collaborates with Singapore-based Company to Design Smart City

News • 2020/09/08 • by Remitano

The Chinese government is collaborating with Cybervein, a blockchain company, to develop a blockchain-driven administration system for its smart city.

Cybervein is one of the twelve companies that are part of the design team for the Chinese Smart City.

The design started in August, with the location being a former centre for satellite launch. This city will be the first Smart City in China. It will be a centre for designing airspace products and services to be utilized in aircraft and satellite launch operations in China.

The blockchain company will partner with prominent companies in China and take advantage of its AI, data, and blockchain technology to bolster China's smart city's design.

Cybervein announced that the city is its key project, an administration network driven by data established on its exclusive technology.

Source: Cointelegraph

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