By love-89.com On October 18, the Blockchain Technology Innovation Ecological Cluster Space, also known as “Data Chain Space,” was inaugurated in Xuhui District, marking a significant development in Shanghai’s blockchain initiatives.
The city of Shanghai is set to support Xuhui in using “Data Chain Space” as a foundation to accelerate breakthroughs in underlying blockchain technologies, which will contribute to the digital economy and industrial upgrading not only in Shanghai but across the Yangtze River Delta.
According to the “Special Action Plan for Key Blockchain Technologies (2023-2025),” Shanghai aims to make significant progress in foundational theories related to blockchain system security, cryptographic algorithms, and technologies such as blockchain-specific processors, smart contracts, cross-chain integration, new storage, privacy computing, and regulation by 2025. The goal is to create a new generation of open permissioned blockchain technology systems and standards that can support the development of innovative Web3.0 applications, providing a reliable and secure technological foundation for the digital economy and fostering a globally influential new blockchain innovation ecosystem.
The “Data Chain Space,” located in Xuhui District, will focus on three main construction directions: foundational blockchain functions, spatial environment, and industrial ecology. For instance, in terms of spatial environment, Xuhui plans to develop a series of “Data Chain Space” facilities, including a 15,000-square-meter “Data Chain Space+” designed to host technology-driven innovative enterprises in the Web3.0 sector.
On the same day, Xuhui District held a ceremony for eight blockchain enterprises and institutions, including the Shanghai Puxin Future Internet Technology Research Institute, marking their initial entry into “Data Chain Space.”
Xuhui also unveiled the “Supportive Opinions on Promoting the Development of New Generation Information Technology Industries,” which provides comprehensive policy assistance to enterprises settling in “Data Chain Space.” This package covers various aspects, including financial services, business environment improvement, industry aggregation, and talent support.
During an interview, Professor Kan Haibin, Director of the Shanghai Blockchain Engineering Technology Research Center at Fudan University, emphasized that Xuhui aims to be a center for blockchain technology innovation. He noted that “Data Chain Space” serves as an excellent platform for facilitating personnel exchanges and improving conditions for cutting-edge research from universities.
Li Zhi, Director of the Shanghai Tower Technical Support Center, mentioned the rising concerns surrounding fire accidents caused by improper charging of electric bicycles. He announced plans to pilot the construction of a “Supervision and Traceability Platform for Electric Bicycle Charging and Swapping” in Xuhui District.
In his interview, Li highlighted that blockchain technology could alleviate concerns among operating companies regarding data privacy and core data security, helping to centralize important data to ensure that the electric bicycle charging and swapping process is manageable, controllable, and traceable.