By working together, government and the blockchain industry can build a better future for all in the 21st century, says CEO of Huobi China.
HAINAN, China, April 29, 2019 /PRNewswire/ -- The CEO of Huobi China, Hubery Yuan Yuming, spoke before an audience of more than 60 industry representatives, government officials, and academic experts at Hainan University recently on the importance of positive collaboration between the blockchain industry, governments, and regulators.
"The public sector, project teams, and blockchain companies like ours all have important roles to play in advancing the spread of blockchain technology into people's lives," said Yuan, at the Hainan Blockchain Technology Seminar, which was co-sponsored by the Hainan Provincial Cyber Security Association and Huobi China. Yuan also pointed to the government of Hainan as an outstanding example of this. "The Hainan government is providing a strong environment for the development of blockchain and the application of technologies."
Among other attendees at the conference were Yang Dawei, Deputy Director of the Office of Hainan Provincial Cyberspace Affairs; and Sun Yi, Director of the Blockchain Laboratory of the Chinese Academy of Sciences' Institute of Computing Technology. Liu Erwu, Preparatory Group Chair of IEEE Blockchain China and Chairman of the IEEE Shanghai Blockchain Group, Fellow of the Institute of Engineering and Technology, and Professor of Tongji University, was also in attendance. Liu shared information about IEEE blockchain local group development in China, including the background, mission and construction of the IEEE Blockchain Initiative (BCI).
Liu discussed how the IEEE BCI sets an important milestone in piloting the progress of global blockchain technology and industry, and is vitally crucial to promoting healthy and orderly development of blockchain industrial ecology.
He further pointed out that, with the advent of 5G era, the public should pay more attention to growing relationship between blockchain technology and Internet of Things (IoT), provide privacy-preserving, reliable and clean data, and make preparations for 6G era in the future.
Huobi China is devoted to leading the industrial upgrade in the blockchain industry, importing the power of blockchain into all kinds of areas. Relying on its five business units – Huobi Research, Huobi University (China), Huobi Labs (China), Huobi Talent, and Huobi BitLegal, Huobi China is aiming to build up specialized pan-life-cycle services, provide customized solutions for governments and enterprises, jointly establish a new economy on the ground of blockchain, and elevate industrial efficiency and train up specialists.
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