China News Service, Beijing, April 23 (Xia Bin) A reporter from China News Service learned on the 23rd that Hainan Molian Network Technology Co., Ltd. (hereinafter referred to as "Molian Technology") announced its official entry into the Hainan Free Trade Zone. The Hainan Free Trade Zone (Hong Kong) Blockchain Pilot Zone where Mochain Technology is stationed is one of the pioneers in Hainan ’s implementation of the Free Trade Port Policy. Currently, leading companies such as Tencent, Baidu, and Huawei have settled in. As of the end of March 2020, A total of 5,159 companies have settled in the company.

  Accenture, an internationally renowned consulting company, believes that the birth of blockchain technology may become a breakthrough technology that is widely used, like steam engines, electricity, or the Internet, changing the way the entire society and economy operate.

  A related report from CCID Research Institute pointed out that as of the end of 2019, the scale of China's blockchain industry was about 1.2 billion yuan, and the number of blockchain cases was nearly 710, of which 49% accounted for in 2019, which is close to five of the total number of cases. to make.

  From 2019 to 2020, it is a watershed in the development of global blockchain technology, and it will gradually be empowered from the concept to the specific physical scene. This year, some provinces, cities, and regions in China that are “blockchain-first” have gradually implemented blockchain application scenarios in cross-border finance, smart government affairs, and electronic certificate storage.

  On October 8, 2018, the Hainan Free Trade Zone (Hong Kong) Blockchain Pilot Zone was officially licensed and established. Officially awarded by the Hainan Provincial Department of Industry and Information Technology, it is the first officially licensed blockchain trial area in China.

  The Hainan Provincial Department of Industry and Information Technology encourages the test area to boldly test, boldly and independently reform, actively promote institutional innovation and industrial innovation, seize the commanding heights of the blockchain industry, promote the application of blockchain technology, and cultivate and develop hundreds of billions of new industries.

  Hainan Province explores the application of blockchain technology in the fields of cross-border trade, cross-border payment, inclusive finance, credit evaluation, etc. with the concept of first-in-first-test, nurturing and developing new business forms of blockchain, exploring system innovation, and planning a batch of applications Demonstration projects promote industrial development.

  It is reported that Mochain Technology is a "blockchain + industry" technology service company focusing on the frontier exploration and application research of blockchain technology and laying out the industrial blockchain market. Ren Xue, CEO of Mochain Technology, said: "Blockchain technology is a cutting-edge technology that can be combined with specific industry development needs, and can complement each other with artificial intelligence and cloud technology."

  At present, blockchain is still a new thing and needs a tolerant development environment. The Hainan Free Trade Pilot Zone has institutional advantages such as innovative business first trial, which can provide good soil for blockchain development.

  "Hainan Free Trade Zone is exploring, opening up and innovating in the areas of digital health, digital culture and creativity, digital services and digital education based on the chain Shanghai South Action Plan, and the strategic direction of Mochain Technology is consistent with it." Ren Xue said that Mochain Science and technology will try its best to give full play to its technological and operational advantages, and contribute to the construction of the digital "new infrastructure" of Hainan Free Trade Port and the development of the digital economy of Hainan Free Trade Port. (Finish)