Blockchain policy dividends drive a new pattern of local development

In recent years, blockchain technology, as a representative of emerging technologies, has received high attention from governments at all levels. To attract blockchain enterprises to settle and promote the innovative application of this technology in commercial and social fields, many local governments have introduced supportive policies. Driven by this wave of policies, regions such as Xiong'an New Area, Hainan Free Trade Zone, and Guizhou have taken the lead in empowering local development with blockchain.

Xiong'an: The Blockchain Pioneer in Smart City Construction

As a national-level new area oriented towards the future, Xiong'an New Area has incorporated cutting-edge technologies such as Blockchain into its development blueprint since its planning stage. According to the "Hebei Xiong'an New Area Planning Outline", Xiong'an will vigorously apply Blockchain technology in areas such as smart cities and public affairs management.

Currently, Xiong'an has established a Blockchain fund management platform, covering various aspects such as engineering construction, housing rental, and the payment of migrant workers' salaries. It can be said that the construction process of the Xiong'an New Area itself is a massive Blockchain application experimental field. This new area, known as the "Blockchain First City," is demonstrating how Blockchain can be deeply integrated with urban development through practical actions.

Hainan: The "Test Field" of Blockchain under the Background of Free Trade Zone

The establishment of the Hainan Free Trade Zone has provided unique opportunities for the development of the local Blockchain industry. In October 2018, the "Hainan Free Trade Zone (Port) Blockchain Pilot Zone" was officially established, becoming the first Blockchain pilot zone in the country to receive official accreditation.

With the advantage of policies, the Hainan Ecological Software Park has attracted a number of leading Blockchain enterprises and research institutions. Unlike the Xiong'an New Area, Hainan places more emphasis on deeply integrating Blockchain technology with the real economy, especially in the fields of financial innovation and logistics. Hainan is striving to create a Blockchain ecosystem that connects industries and empowers the real economy.

Guizhou: A New Chapter of Blockchain Based on Big Data

As a pioneer in the domestic big data industry, Guizhou is also at the forefront of the blockchain field. As early as 2016, Guiyang released a blockchain development white paper and continued to introduce supportive policies in the following years.

Guizhou's blockchain development strategy fully utilizes the local advantages in big data, focusing on areas such as data security and digital assets. Compared to other regions, Guizhou has a higher level of government participation in blockchain development, directly promoting the rapid formation of the industrial ecosystem.

The development paths of blockchain in these three regions clearly demonstrate the importance of policy guidance. Although they do not have natural advantages in the development of blockchain technology, they have already occupied an important position in the national blockchain landscape through precise policy support and localized development strategies. Xiongan New Area focuses on smart city construction, Hainan Free Trade Zone is dedicated to industrial empowerment, and Guizhou relies on its big data advantages, each carving out a unique blockchain development path. This differentiated development model driven by policy may become an important feature of China's blockchain industry layout.