Shanghai: Explore the application of blockchain in tax services, market supervision, and other scenarios

According to reports, the General Office of the Shanghai Municipal People’s Government recently issued the “Key Points for Shanghai to Comprehensively Deepen the” One Network One Office “Reform in 2023.”. According to the “Key Points for Work”, Shanghai will use blockchain technology to empower government services, promote cross chain sharing between the Shanghai government blockchain and national industry departments, and gradually establish a safe, reliable, and efficient “All in One” platform service system. Explore the application of blockchain in scenarios such as tax services, market regulation, livelihood services, and special financial fund support. (Jin Shi)

Interpretation of this information:

The General Office of the Shanghai Municipal People’s Government has reportedly released the “Key Points for Shanghai to Comprehensively Deepen the ‘One Network One Office’ reform in 2023.” The goal of this initiative is to use blockchain technology to bolster government services and promote the sharing of information between the Shanghai government blockchain and national industry departments. The overall aim is to gradually establish an “All in One” platform service system that is safe, reliable, and efficient. The government will explore the potential applications of blockchain in areas ranging from tax services and market regulation to livelihood services and special financial fund support.

This message underscores the growing interest in blockchain technology as an avenue for improving government services and promoting greater efficiency in how public institutions operate. Shanghai’s commitment to exploring the potential of blockchain is a significant step forward as this emerging technology holds promise for a range of applications beyond finance and cryptocurrencies. The emphasis on creating a safe and reliable platform is also noteworthy, as this is an important prerequisite for any adoption of blockchain in a public context.