Singapore-based computer blockchain company CyberVein has become one of 12 companies involved in building the International Space City in China, Hainan Wenchang.

Construction began last month, and the facility previously housed a satellite launch center. Described as “the first aviation, cultural and tourism city in China”, it will become a center for developing aviation products and auxiliary services for use in Chinese spacecraft and satellite launches.

On an area of ​​12 million square meters, the country’s first aviation supercomputer center will be established, which will focus on developing 40 technological fields, including big data, remote sensing via satellite and high-precision positioning technologies.

CyberVein will work with major Chinese companies, including Huawei and Fortune 500 Kingsoft Cloud, and will use blockchain, artificial intelligence and big data technologies to support the development of the Intelligent Brain Planning and Design Institute in the city.

According to the CyberVein release, Smart Brain is a core project, a “data-driven management system” based on the company’s patented technology that will process data in real time “to organize urban public resources”. However, few details have been published about how the blockchain was used to develop a governance model.

The city development is part of the Hainan Free Trade Port Development Initiative, an ambitious infrastructure program designed to transform the island into a free trade port of global significance by 2050.

China is trying to collaborate with first-class management technology teams to develop more smart cities now, with the blockchain authentication service Factom, which entered into a partnership with the Chinese government in 2016.

Source: CoinTelegraph

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