China Gets Its First Blockchain-Based Public Resource Bidding Platform.
27 Jun 2020, 21:35
🔴China Gets Its First Blockchain-Based Public Resource Bidding Platform
🔺China has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies that promise to complete a particular project. The bidding platform is expected to help authenticate the credibility of central entities involved in the bidding process and expedite data sharing and security.
#china
#government
#technology
#blockchain